Application processing and decision systems and processes

ABSTRACT

The present invention relates to application processing and decisioning systems and processes. One embodiment of the invention includes a method for automating decisioning for a credit request associated with an applicant. The method includes providing a user computer interface adapted to receive information associated with an applicant, and further adapted to display and receive information associated with at least one decision rule. The method also includes receiving information associated with an applicant through the user computer interface; receiving information associated with the applicant from at least one data source; and receiving a selection of information associated with a plurality of decision rules through the user computer interface. Furthermore, the method includes receiving a selection of rule flow information associated with the plurality of decision rules through the user computer interface; generating a plurality of decision rules based at least in part on the information associated with the applicant, based at least in part on the information associated with the applicant from at least one data source, and based at least in part on the selection of information associated with a plurality of decision rules, wherein an outcome associated with the at least one decision rule can be obtained; and based in part on at least the rule flow information, displaying at least a portion of the plurality of decision rules through the user computer interface.

RELATED APPLICATION

This application claims the benefit to U.S. Provisional Application No.60/498,395 entitled “Application processing and decision Systems andProcesses,” filed on Aug. 27, 2003, which is hereby incorporated byreference.

FIELD OF THE INVENTION

The invention is generally directed to systems and methods forprocessing information. More particularly, the invention relates tosystems and processes for automating tasks related to processingapplications such as credit related applications and related decisionmaking.

BACKGROUND

Commercial entities such as financial institutions, commercial entities,retail businesses, health care entities, utilities, and telecomsentities do business to a large extent based on extension of credit.Arranging and establishing home equity loans, installment loans, autoloans, utility accounts, credit card accounts and other relationshipswith consumers and other commercial entities only occur as a generalmatter after the creditor has conducted a reasonable level of diligenceto ensure that the entity to whom the credit is extended is a reasonablerisk. Conventionally, there are a number of credit bureaus and otherentities who serve as repositories for credit reporting. Those in theposition of extending credit and thus needing to conduct appropriatediligence engage one or more of the credit bureaus or another entitywhich conducts its own search, typically at least partially manually, ofone or more credit bureau's data and other resources. The need for humanintervention to conduct the data searches, to draw appropriateinferences based on operative criteria and to report the decision andbasis therefore is accordingly time consuming and expensive.

SUMMARY OF THE INVENTION

Various aspects and embodiments of the present invention aim to automateall or a portion of the multi-faceted tasks associated with processingapplications and making related decisions based on information from anumber of sources and suitable business rules and knowledge. Users ofservices provided by embodiments of the present invention can include,but are not limited to any entity who aims or needs to make a commercialdecision based on commercial, financial and other information. Entitiescan include, but are not limited to, financial Institutions, commercialinstitutions, small business commercial lenders, trade creditorganizations such as telecoms, retail businesses, insurance companies,brokerages, healthcare institutions, and utilities. Typically, suchentities desire to report information such as decisionmaking and/orother information relating to diligence as to certain financial andother issues. The subjects of such diligence can include, but are notlimited to, individuals, businesses, and other entities. Such diligencecan include, but is not limited to, creditworthiness to qualify forloan, mortgage, or line of credit, including associated conditionsincluding, but not limited to, a type of loan, mortgage, or line ofcredit, and a monetary amount. Sources of information for such diligencecan include, but are not limited to, Equifax, Experian, Trans Union, Dun& Bradstreet, Moody's, Standard & Poor's, and other third-party dataproviders. Entities can utilize some or all of this information to makedecisions whether to offer potential applicants credit or loan productsand services. Such entities can ultimately acquire new credit or loanaccounts by prescreening potential applicants or otherwise managingtheir credit or loan portfolios by conducting portfolio review programs,and can therefore select particular clients for their products andservices.

For example, in one embodiment, an application processing and decisionengine 120 can be implemented for a financial institution such as abank. A bank can utilize the application processing and decision engine120 for the processing of a direct deposit account (DDA), credit card,line of credit, home equity line of credit, etc. Information desired bythe bank to grant an applicant credit or establish credit worthiness caninclude, but is not limited to, information about the applicant toestablish identity and sufficient information to access credit data fromcredit reporting agencies, along with data about the applicant(consumer) from other risk analysis commercially available data sources.Other information such as applicant information can include, but is notlimited to, applicant's name, current address, social security number,date of birth, previous addresses, co-applicant or spousal information,driver license information, employer information, and incomeinformation. For this particular embodiment, potential data sources fromwhich an application processing and decision engine 120 can obtain datato make a decision based upon application and risk factors, among otherfactors, can include but are not limited to, credit reporting agencies,risk analysis data, check processing services, Kelly's Blue Book,regional consumer exchanges, ChoicePoint, and commercial sources ofinformation such as Dunn & Bradstreet, Moody's, Standard & Poor's, andcommercial exchanges.

In some embodiments, a financial institution can desire to makeapplication decisions in an objective manner and to remove humanintervention in order to eliminate human errors and minimize possibilityof fraud. For these purposes, the automated application processing anddecision engine 120 can render a decision using some or all of thefollowing information, as well as other information if desired:information associated with an application, including what the consumeris applying for; information associated with the applicant, includingverifiable information about the consumer including identity of theconsumer, income; information associated with credit data of theconsumer and statistically how, it compares to the demographics for thepurposes of risk analysis (model scores, attributes, etc.); andinformation associated with a user-defined method of risk factorcalculation (custom attributes). Using such parameters and predefineddecision criteria, the automated application processing and decisionengine 120 can render an application decision. Types of decisionsrendered by an this sort of application can be tailored by the user 112a-n, and can include any or all of the following and any other outcomesdesired by the user 112 a-n: approved for the product applied for;approved with conditions/limitation (upper limit on credit card, etc.);declined; an automated decision could not be rendered, a manual reviewis needed; application is approved, however, a manager review is needed;application is not approved for the product applied for, but consumer isqualified for alternate product; and approved for the product/productsapplied for, consumer also qualifies for additional products/services.

In some embodiments, a financial institution can have certain businessrules pertaining to their business intelligence information. In manyinstances, a business has business intelligence information that isspecific to the business or at a minimum, specific to the vertical spacethe business operates in. A bank, for example, may consider types ofbanking product a consumer can apply for as business intelligenceinformation. As to this business intelligence information there could bebusiness rules, such as that the bank is in a position to offer a HomeEquity Loan only if the consumer also has a Direct Deposit Account withthe bank. An automated application processing and decision engine 120can permit users 112 a-n to incorporate business intelligenceinformation and business rules into the decision rules applied toapplications and other requests for credit.

At a higher level, application processing and decisioning tasks andfunctionality in accordance with various embodiments of the presentinvention can be broken down into layers including, but not limited to,a data resource layer, a data analysis layer, a services layer, and apresentation/interface layer.

In brief, when an application for credit, as an example, is beingdiligenced, entities who use systems and processes according to certainembodiments of the present invention are able automatically to search anumber of credit related and commercial databases from a number ofsources in a manner that allows the extracted information to be placedin a common format for further processing. The request and the resultscan be formulated, submitted and delivered on a graphic user interfacethat is intuitive, configurable and customizable by the user.

At the data analysis layer, analytics, rules and knowledge, which mayinclude criteria and attributes specified and arranged in appropriatesequence by the user 112 a-n on-line using a graphic user interfaces,are applied to the extracted data. Additionally taken into account inprocessing the extracted data may be business rules and practices thatexperientally reflect the practices of the entity extending credit orentities generally of that type such as from an industry template.

The data analysis layer forms inferences and conclusions which can thenbe further processed and delivered by various components of the serviceslayer. These include couching the information, inferences and/orconclusions appropriately in letters or other communications, performingaudits, controlling workflow, allowing trial runs, managing documentsreflecting reports of such information, inferences and/or conclusionsand other services which may relate to the data, the entity extendingcredit, the subject of the diligence or other related matters orentities. Such systems and/or processes according to certain embodimentsof the invention can “learn as they go” thus keeping track of relevantor successful business rules and their performance and applying orsupplying them to other entities or industry areas as circumstanceswarrant and subject to appropriate controls.

The presentation/interface layer allows the entity extending credit tohave greater control over the entire process including online ability todesignate data sources, define business rules, define thedecision-making rules and sequence, define the format of the informationit receives, define the mediums in which the information is received, aswell as conduct other types of activities and exert other types ofcontrol as may be appropriate.

Accordingly, systems and processes according to various aspects andembodiments according to the invention address at least some or all ofthese issues and combinations of them. They do so at least in part byautomating application processing and decisionmaking. These systems andprocesses can allow users to apply complex business and decision rulesto multiple applications and requests by providing an intuitive GUI(graphical user interface). These systems and processes can allow theuser to manage relatively large numbers of applications and requests inan efficient manner. In addition these systems and processes, can accessone or more data sources including credit databases to provide desireddecisioning calculations in a relatively high performance manner makingit suitable for use on relatively large data sets or relatively highvolume transaction applications. Such systems and processes are usefulin fulfilling user requests for credit data from multiple credit datasources. Systems and processes according to various aspects andembodiments can operate on various operating systems or platforms,including but not limited to, Windows NT®, UNIX®, AIX®, personalcomputers, mainframes, parallel processing platforms, andsupercomputers.

As defined and used within this specification, an “attribute” caninclude a credit data-related element, a single data element from acredit file, or an aggregation, calculation, or derivation of creditdata to form a new data element. Furthermore, a “criteria,” also knownas “modeling criteria,” can include one, two, or more attributes, or aset of attributes, and a set of instructions describing a logicalexpression involving the attributes therein used to segment or filtercredit files to obtain a desired population of data.

One aspect of systems and processes according to various embodiments ofthe invention, focuses on a method for generating a rule for automatedcredit request decisioning. The method includes providing a usercomputer interface adapted to receive information associated with anapplicant, and further adapted to display and receive informationassociated with at least one decision rule. The method also includesreceiving information associated with an applicant through the usercomputer interface; receiving information associated with the applicantfrom at least one data source; and receiving a selection of informationassociated with a plurality of decision rules through the user computerinterface. Furthermore, the method includes receiving a selection ofrule flow information associated with the plurality of decision rulesthrough the user computer interface; generating a plurality of decisionrules based at least in part on the information associated with theapplicant, based at least in part on the information associated with theapplicant from at least one data source, and based at least in part onthe selection of information associated with a plurality of decisionrules, wherein an outcome associated with at least one of the pluralityof decision rules can be obtained; and based in part on at least therule flow information, displaying at least a portion of the plurality ofdecision rules through the user computer interface.

Another aspect of systems and processes according to various embodimentsof the invention, focuses on a method for testing a decision rule forautomated credit request decisioning. The method includes providing auser computer interface adapted to receive information associated withan applicant, and further adapted to display and receive informationassociated with at least one decision rule. The method also includesreceiving test information; receiving information associated with aselection of a decision rule through the user computer interface,wherein the decision rule can be applied to a portion of the testinformation to obtain an outcome; and applying the selected decisionrule to at least a portion of the test information to obtain an outcome.Furthermore, the method includes receiving information associated with aselection of an alternative decision rule, wherein the alternativedecision rule can be applied to a portion of the test information toobtain an alternative outcome; applying the alternative rule to at leasta portion of the test information to obtain an alternative outcome; anddisplaying the outcome and the alternative outcome through the usercomputer interface.

Another aspect of systems and processes according to various embodimentsof the invention, focuses on a method for accessing a plurality of datasources for decisioning a credit request associated with an applicant.The method includes providing a user computer interface adapted totransform a portion of information from a plurality of data sources, andfurther adapted to define at least one rule associated with transformingthe portion of information from the plurality of data sources; providingan interface to each of the plurality of data sources; and transforminga portion of data from at least one of the plurality of data sources.The method also includes defining at least one rule associated withmaking a decision associated with providing credit to an applicant;applying the at least one rule to at least a portion of data from the atleast one of the plurality of data sources; and determining an outcomefor the at least one rule. Furthermore, the method includes modifyingthe at least one rule based on the outcome.

Another aspect of an embodiment of the invention includes a system witha user interface and a processor such as an automated applicationprocessing and decision engine that can perform some or all of themethods described above.

Another aspect of an embodiment of the invention includes acomputer-readable medium that can perform some or all of the methodsdescribed above.

These example embodiments are mentioned not to limit or define theinvention, but to provide examples of embodiments of the invention toaid understanding thereof. Example embodiments are discussed in theDetailed Description, and further description of the invention isprovided there.

Objects, features and advantages of various systems and processesaccording to various embodiments of the present invention include:

(1) Systems and processes that can provide direct real time applicationprocessing control and decision results;

(2) Systems and processes that can provide control of how a decisionreport is prepared;

(3) Systems and processes that can provide control over access to creditdata and related information;

(4) Systems and processes that can provide control over and ability toconduct trialing and/or experimentation with certain models, criteria,attributes or any other variables that relate to requesting or deliveryof reports, decisions, diligence, or other information;

(5) Systems and processes that can provide application and decisionmodularity;

(6) Systems and processes that can provide application and decisionreuseability;

(7) Systems and processes that can provide flexible and generalized datasource access;

(8) Systems and processes that can provide customizable user interfaces;

(9) Systems and processes that can provide user interface-drivenbusiness intelligence information gathering;

(10) Systems and processes that can provide a user with the capabilityto enter near natural language commands to define decision rules;

(11) Systems and processes that can provide graphical review of businessprocesses and other user-specific aspects;

(12) Systems and processes that can provide a user interface driven bydata transformation;

(13) Systems and processes that can provide vertical market-specificbusiness and technical components, such as forms, applications, andtemplates;

(14) Systems and processes that can provide comprehensive strategyimplementation for trialing combinations of rules and data sources todetermine whether the form and substance of data output is suitable;

(15) Systems and processes that can provide comprehensive delegatedsecurity governing access and degree of control over various componentsof such systems and processes;

(16) Systems and processes that can provide integrated analytics tosegment and decision applications, requests, and accounts based on riskand profitability levels and to determine appropriate action; and

(17) Systems and processes that can provide automated business processesfor reducing costs and increasing efficiency.

Other objects, features and advantages will become apparent with respectto the remainder of this document.

BRIEF DESCRIPTION OF THE DRAWINGS

These and other features, aspects, and advantages of the presentinvention are better understood when the following Detailed Descriptionis read with reference to the accompanying drawings, wherein:

FIG. 1 is an illustration of an example of a system in accordance withan embodiment of the invention.

FIG. 2 is an illustration of certain components for an automatedapplication processing and decision engine for a system in accordancewith an embodiment of the invention.

FIG. 3 illustrates an example of a user interface for an applicationsub-engine in accordance with an embodiment of the invention.

FIG. 4 illustrates an example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 5 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 6 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 7 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 8 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 9 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 10 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 11 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 12 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIG. 13 illustrates another example of a user interface for a decisionsub-engine in accordance with an embodiment of the invention.

FIGS. 14-21 illustrate example processes for an application processingand decision engine in accordance with an embodiment of the invention.

FIGS. 22-24 illustrate example methods for an application processing anddecision engine in accordance with an embodiment of the invention.

DETAILED DESCRIPTION

Referring now to the drawings in which like numerals indicate likeelements throughout the several figures, FIG. 1 is an illustration ofexample system components for a system in accordance with an embodimentof this invention. The system 100 shown in FIG. 1 comprises multipleclient devices 102 a-n in communication with a server device 104 over anetwork 106. The network 106 shown comprises the Internet. In otherembodiments, other networks, wired and wireless, such as an intranet,local area network, wide area network, or broadcast network may be used.Moreover, methods according to the present invention may operate withina single client or server device.

Each client device 102 a-n shown in FIG. 1 preferably comprises acomputer-readable medium. The computer-readable medium shown comprises arandom access memory (RAM) 108 coupled to a processor 110. The processor110 executes computer-executable program instructions stored in memory108. Such processors may comprise a microprocessor, anApplication-Specific Integrated Circuit (ASIC), a state machine, orother processor. Such processors comprise, or may be in communicationwith, media, for example computer-readable media, which storesinstructions that, when executed by the processor, cause the processorto perform the steps described herein.

Embodiments of computer-readable media may comprise an electronic,optical, magnetic, or other storage or transmission device capable ofproviding a processor, such as the processor 110 of client 102 a, withcomputer-readable instructions. Other examples of suitable media maycomprise a floppy disk, Compact Disk Read Only Memory (CD-ROM), magneticdisk, memory chip, Read Only Memory (ROM), Random Access Memory (RAM),an ASIC, a configured processor, all optical media, all magnetic tape orother magnetic media, or any other suitable medium from which a computerprocessor can read instructions or on which instructions, code, or otherdata may be stored. Also, various other forms of computer-readable mediamay transmit or carry instructions to a computer, including a router,private or public network, or other transmission device or channel, bothwired and wireless. The instructions may comprise code from any suitablecomputer-programming language, including, for example, C, C++, C#,Visual Basic, Java, Python, Perl, and JavaScript.

Client devices 102 a-n may also comprise a number of external orinternal devices such as a mouse, a CD-ROM, a keyboard, a display, orother input or output devices. Examples of client devices 102 a-n arepersonal computers, media center computers, televisions, televisionset-top boxes, digital assistants, personal digital assistants, cellularphones, mobile phones, smart phones, pagers, digital tablets, laptopcomputers, Internet appliances, and other processor-based devices. Ingeneral, a client device 102 a-n may be any type of processor-basedplatform that may be connected to a network 106 and that interacts withone or more application programs. Client devices 102 a-n may operate onany operating system, such as Microsoft® Windows® or Linux, capable ofsupporting one or more client application programs. For example, theclient device 102 a shown comprises a personal computer executing clientapplication programs, also known as client applications. The clientapplications can be contained in memory 108 and can comprise, forexample, a media player application, a presentation application, anInternet browser application, a calendar/organizer application, and anyother application or computer program capable of being executed by aclient device.

Through the client devices 102 a-n, users 112 a-n can communicate overthe network 106 with each other and with other systems and devicescoupled to the network 106. As shown in FIG. 1, a server device 104 isalso coupled to the network 106. For example in the embodiment shown inFIG. 1, a user 112 a can operate a client 102 a and to interact with theserver device 104 and formulate a request for a particular set of creditdata. The client 102 a sends a signal corresponding to the request viathe network 106 to the server 104.

The server device 104 shown in FIG. 1 comprises a server executing atleast one automated application processing and decision program, alsoknown as the automated application processing and decision engine 120.Similar to the client devices 102 a-n, the server device 104 shown inFIG. 1 comprises a processor 116 coupled to a computer-readable memory118. Server device 104, depicted in FIG. 1 as a single computer system,may be implemented as a network of computer processors. Examples of aserver device are servers, mainframe computers, networked computers, aprocessor-based device, and similar types of systems and devices. Clientprocessors 110 and the server processor 116 can be any of a number ofwell known computer processors, such as processors from IntelCorporation of Santa Clara, Calif. and Motorola Corporation ofSchaumburg, Ill.

Memory 118 on the server device 104 contains the automated applicationprocessing and decision engine 120. An automated application processingand decision engine 120 comprises a software or hardware applicationthat is configured to automatically process credit applications and torender a decision regarding such applications. In response to a requestfrom a user 112 a-n, the automated application processing and decisionengine 120 shown in FIG. 1 can process a credit application, form, orrequest from a user 112 a-n, and access information in one or morecredit data sources 170 a-n, such as a credit reporting databasecontaining a suitable run-time component or runtime environmentcomponent. Credit applications, forms, and requests can be associatedwith an applicant or set of applicants also referred to respectively as“customer” or “customers,” “customer entity” or “customer entities,”and/or “consumer” or “consumer entities”) In one embodiment, theautomated application processing and decision engine 120 can utilizeinformation from at least one credit data source 170 a-n, such as acredit data source, and apply one or more predefined rules to make adecision regarding a credit application associated with a particularapplicant.

An application and decision database 172 or another suitable datastorage device such as a memory device, hard drive, database, or otherstorage medium can be in communication with the automated applicationprocessing and decision engine 120. In one embodiment, the applicationsub-engine 200 can store an application, associated applicationinformation, and a new application ID or application identification codein the application and decision database 172. In another embodiment, thedecision sub-engine 202 can store a decision and decision information inthe application and decision database 172. In these and otherembodiments, the automated application processing and decision engine120 can retrieve stored applications, information, new application IDsor application identification codes, decisions, and decision informationfrom the application and decision database 172 as needed.

Although the processes described herein are described in relation to theclient and server or servers, a client may perform any or all of theprocesses described as being performed by a server. Similarly, a serveror servers may perform any or all of the processes described herein asbeing performed by a client, although the invention is not limited toclient/server architecture but can run on any desired topology orarchitecture as deemed fit for the purposes, whether existing as of thetime of the writing of this document or thereafter.

Embodiments of the present invention can comprise systems havingdifferent architecture than that which is shown in FIG. 1. For example,in some systems according to the present invention, server device 104may comprise a single physical or logical server. The system 100 shownin FIG. 1 is merely an example, and is used as an environment to helpexplain the example processes and methods shown in FIGS. 14-24.

As shown in FIG. 2, an example automated application processing anddecision engine 120 can include, but is not limited to, an applicationsub-engine 200, and a decision sub-engine 202. The applicationsub-engine can include, but is not limited to, a presentation/interfacelayer 204. The decision sub-engine 202 can include, but is not limitedto, a data resource layer 206, a data analysis layer 208, and a serviceslayer 210. Other engines, sub-engines, components, sub-components,layers, or modules for an automated application processing and decisionengine 120 can exist. Collectively, the components of the automatedapplication processing and decision engine 120 can support theautomation of the credit decision, loan-origination, andaccount-acquisition lifecycle, including application processing, theacquisition of data, and decisioning. In addition, the automatedapplication processing and decision engine 120 can include othercomponents to achieve even greater automation, control and processefficiencies for users. The processing of applications, acquisition ofdata, and decisioning are central to credit-granting entities of theUnited States and other countries, and the automated applicationprocessing and decision engine 120 mitigates risk, and increasesefficiency through the conservation of time and expenses.

The embodiment described in FIG. 2 is one example of an automatedapplication processing and decision engine 120. Other engines,sub-engines, components, sub-components, layers, and modules, canoperate in conjunction with or can otherwise be integrated with anautomated application processing and decision engine 120 shown in FIG.2.

Application Sub-Engine

In the embodiment shown in FIG. 2, the automated application processingand decision engine 120 can include, but is not limited to, anapplication sub-engine 200. The application sub-engine 200 can manageapplicant data from a point-of-entry through decision and booking.Various methods of applicant evaluation and workflow management,including reduction of re-keying applicant data, automaticallyredirecting inquiries into an appropriate worklist, and prioritizingworkflow can save users significant time and expense. This component canoperate in tandem with call center, letter-writing, and/or billing-typeapplications and systems. The application sub-engine 200 can improvequality of the account origination process such as simplifying andstreamlining the account acquisition process, eliminating re-keying ofapplication data, automatically redirecting inquiries into anappropriate worklist. Previously disjointed, modular systems can now beintegrated, reducing time frames and expenses throughout the process,while increasing the volume and quality of automated applicationhandling.

In one embodiment, a user interface such as an application form 300 inFIG. 3 can be displayed by an application sub-engine 200 via an outputdevice associated with a client 102 a-n. The application form 300 canprompt a user 112 a-n to enter information such as applicant data, andthe application form can collect the data for subsequent processing bythe application sub-engine 200. A user 112 a-n operating a keyboard,mouse, and/or another input device associated with a client 102 a-n canenter information into the application form 300.

In the example shown in FIG. 3, the application form can be used tocollect information about an applicant for a bank loan. An upper portion302 of the application form 300 provides data entry devices 304 forentry of applicant data or associated information such as channel code,first name, last name, middle initial, social security number (SSN),date of birth, and military rank/grade. Data entry devices 304 caninclude, but are not limited to, pull-down menus, data fields, radiobuttons, and other devices to prompt and to collect and promptinformation. A lower portion 306 of the application form 300 providesone or more data entry devices 308 for entry of housing-type informationsuch as housing type, address, city, state, zip code, home telephonenumber, and monthly housing payment. Other types of informationincluding applicant data can be collected with various applicationforms, templates, webpages, or other types of data input devices, andsubsequently used by the application sub-engine 200.

In one embodiment, an application sub-engine 200 for an applicationprocessing and decision engine 120 can also be utilized for a commercialapplication. A predefined template, or other user interface similar tothe application form 300 shown in FIG. 3, can be employed to receiveinformation from a user 112 a-n about a particular business. Businessapplication decisioning can be achieved in generally the same manner asfor individuals, and employ one or more data sources such as, but notlimited to, Dunn & Bradstreet, Moody's, S&P, Experian Small Business,Equifax Small Business Exchange, Equifax Small Business FinancialExchange, and/or others' credit worthiness—related information forcommercial business entities.

Presentation/Interface Layer

The application sub-engine 200 can include, but is not limited to, apresentation/interface layer 204. In the example shown in FIG. 2, thepresentation/interface layer 204 can provide functionality forconfiguring user-defined prompts, data fields, drop down menus, screenflows and work items pertinent to a particular user's industry andspecific business environment that enable efficient processing andreview of applicant data. As shown in the example of FIG. 2, apresentation/interface layer 204 can include one or more interfaces suchas a graphical user interface (GUI), web GUI, custom GUI, extensiblemarkup language (XML), web services, and application program interfaces(API). Such interfaces for the presentation/interface layer 204 canoperate individually or in an integrated fashion to provide a front-enduser interface for interaction between the automated applicationprocessing and decision engine 120 and a user 112 a-n operating arespective client device 102 a-n. According to a preferred embodiment,the presentation/interface layer 204 can utilize software such asTransaction Logic Engine™ distributed by Versata, Inc. in a conventionalmanner. In another embodiment, JAVA programming code and graphical userinterfaces can be utilized to provide a suitable user interfaceenvironment for a presentation/interface layer 204.

The screenshot illustrated in FIG. 3 shows an example user interfacegenerated by software such as the Transaction Logic Engine™ softwaredistributed by Versata, Inc. Connectivity of systems and processesaccording to certain embodiments of the invention with other entitiesand process can take any desired form, including the application form300 shown in FIG. 3.

In one embodiment, the presentation/interface layer 204 can capture aparticular user's 112 a-n user interface requirements and evaluate whichfeatures that deviate from a standard, default setting and would requiresome custom coding effort. The presentation/interface layer 204 canaccommodate most special requests. Some of the common options handled bythe presentation/interface layer 204 include the following features:screen dimensions, user branding requirements, cascading style sheets,and user interface page headings.

In one embodiment, a presentation/interface layer 204 can generatetemplates or can otherwise utilize predefined templates for particularcategories of businesses. Categories of businesses that can be thesubject of templates typically reflect general aspects of businesses ina category. Templates can incorporate fundamental items relevant to agiven category, including but not limited to, core functions, corerules, core regulations, core data sources, and core partners. Templatescan also add to such information as a particular template is used or asbusinesses in the particular category use the systems and processes.

For example, in the case of a user 112 a-n such as a financialinstitution, the financial institution can utilize thepresentation/interface layer 204 to enter information to obtain a creditdecision for a particular applicant or set of applicants interested in adirect deposit account (DDA). Utilizing the presentation/interface layer204, the financial institution can interface with the automatedapplication processing and decision engine 120 to use various templatesand other components to obtain a solution such as a credit decision. Ata very high level, one embodiment of such a solution includes a templatefor an application for DDA. The presentation/interface layer 204 canprovide a front-end user interface such as a predefined application toaccept information from a user 112 a-n such as a financial institution.In this example, information about one or more applicants interested inopening a DDA can be input by the user 112 a-n into an applicationdisplayed on an output device associated with a client 102 a-n. Examplesof processes that can be implemented by a presentation/interface layer204 are shown in FIGS. 14 and 15.

The presentation/interface layer 204 can also extract credit informationabout a particular applicant from one or more data sources 170 a-n suchas a credit reporting agency (CRA). The presentation/interface layer 204can interact with other layers or components of the automatedapplication processing and decision engine 120 to build analyticalmodels based upon the information contained in the credit report of theapplicant. Such analytical models can then be displayed for presentationand analysis to the user 112 a-n by the presentation/interface layer204. The automated application processing and decision engine 120 canthen provide the presentation/interface layer 204 with decisioninformation such as a decision as to what can be approved based upon thecredit history and analytical model of the applicant. In turn, thepresentation/interface layer 204 can display the decision information tothe user 112 a-n.

In one embodiment, the presentation/interface layer 204 can provide afront-end interface for users 112 a-n desiring business processmodeling. For example, the presentation/interface layer 204 can displaya template for a predefined business process model of opening a DDAaccount including multiple process steps/people within a particular typeof financial institution.

Decision Sub-Engine

In the embodiment shown in FIG. 2, the automated application processingand decision engine 120 can include, but is not limited to, a decisionsub-engine 202. The decision sub-engine 202 can interact with theapplication sub-engine 200 to provide a customizable, point-of-presencesolution uniquely capable of incorporating risk and marketing models,fraud and identity verification tools, third-party data sources,user-owned client intelligence and credit databases. The decisionsub-engine 202 can incorporate a variety of risk assessment tools anddata sources into an automated decisioning process, which can facilitaterisk and marketing decisions made across various industries. An exampleof processes implemented by a decision sub-engine 202 are illustrated inFIGS. 16 and 17.

The decision sub-engine 202 can integrate analytics to segment anddecision applications or accounts stored in a data source 170 a-n basedon risk and profitability levels, thus saving time in thedecision-making process and providing consistency across units.

In one embodiment, a user interface such as a rule display form 400 inFIG. 4 can be displayed by the decision sub-engine 202 via an outputdevice associated with a client 102 a-n. The rule display form 400 canassist a user 112 a-n in creating and developing rules for the decisionsub-engine 202 to apply to applicant data collected by the applicationsub-engine 200. In the example shown, the rule display form 400 canprovide a decision table matrix including various rule input devices 402and decision information 404. Rule input devices can include, but arenot limited to, radio buttons, pull-down menus and data fields. Decisioninformation can include, but is not limited to, existence of a Beacon™score, Beacon™ score ranges, a decision, decision reason, and decisionstatus.

Data Resource Layer

The decision sub-engine 202 can include, but is not limited to, a dataresource layer 206. The data resource layer 206 can provide integrationand archival capabilities for all relevant applicant and credit data ina suitable format that can be user-friendly and easily searched. Suchdata can also be stored by the data resource layer 206 for subsequentretrieval, analysis, and reporting. The data resource layer 206 can alsoallow such data to remain accessible by any suitable platform oroperating system a particular user 112 a-n supports, such as platformsand operating systems operated by internal, external, third party, andlegacy data sources and service providers. Users 112 a-n, and applicantscan benefit from real time and/or immediate access to recent creditfiles and other records, coupled with quick retrieval of data archivedin compliance with regulatory timeframes. The data resource layer 206can also accommodate varying data input and data output formats requiredwhen integrating with multiple data sources and third party serviceproviders; thus, providing a suitable format for data storage that canbe user-friendly and searched relatively easily. Such data can also bestored in a data storage device such as a data source 170 a-n or anapplication and decision database 172. In this manner, users 112 a-n andtheir customers can obtain immediate access to recent records and quickretrieval of data. The data resource layer 206 can include functionalitythat allows other components of the automated application processing anddecision engine 120 to access and draw from a plurality of data sources170 a-n, and cause the data to be converted into form and format, whichmay be common, for further processing. The data sources 170 a-n can beinternal or external or both.

The data resource layer 206 operates with the sub-engines 200, 202, andother layers 204, 208, 210 to provide pre-packaged access, format anderror handling to access data from internal and external data sources.In the example shown in FIG. 2, the data resource layer 206 can includerespective interfaces 214 with the data sources 170 a-n shown in FIG. 1.Such interfaces with data sources can include, but are not limited to,particular interfaces with internal data sources such as EquifaxConsumer US (ACRO), Equifax Consumer Canada, Equifax Telco Exchanges(NTDE, NCTDE), Equifax Commercial Exchanges (SBFE, SBX), EquifaxeIDverifier and eIDcompare (eID), and interfaces with external oroutside data sources such as Experian Consumer, Experian Small Business,Telecheck, TransUnion (TU), Dun & Bradstreet, Moody's NACM, RiskWise,Standard & Poor's, CDC, Certegy, Quova, TCI, and TSYS.

In one embodiment, the data resource layer 206 can operate as anabstraction layer to provide user/business profile data from generic orspecific data resources, such as consumer and/or commercial sources.Together, the data resource layer 206 and other components together canprovide a solution for a user 112 a-n where data needs to be obtained orotherwise retrieved from various data sources to facilitate applicationdecision in context of the business value of the user 112 a-n.

One aspect of this particular component 206 is that its abstract naturecan make application processing data source agnostic, and can enableprovision of application decision solutions using any or multiple datasources without need for custom coding efforts to obtain or retrievedata from data sources for each user solution. In one embodiment, a dataresource layer 206 can accommodate varying data input and data outputformats when integrating multiple data sources and third party serviceproviders. The data resource layer 206 can automatically extract,transform, and load heterogeneous data fields from the one or more datasources 170 a-n, minimizing or otherwise reducing the need for customcoded processing of such data.

According to a preferred embodiment, the data resource layer 206 canutilize a data transformation third-party tool such as eGate™distributed by SeeBeyond.

Data Analysis Layer

The decision sub-engine 202 can also include, but is not limited to, adata analysis layer 208. The data analysis layer 208 can include, but isnot limited to, an analytics services component 216, a complex decisioncomponent 218, a rules engine component 220, a model services component222, a format services component 224. The data analysis layer 208 canform inferences and conclusions which can be further processed anddelivered by various components of the data services layer 210.

a. Analytics Services Component

The analytics services component 216 can utilize the data provided bythe data resource layer 206 and can process the data to provideanalytics on the data. Generally, a result of an analysis of such datais the creation of one or more attributes. For example, attributes canbe “Number of open bankcard trades on file with a balance greater thanzero,” “Age of oldest trade on file,” “Aggregate balance of all openrevolving accounts,” “Number of 30 day and greater current delinquentratings,” “Propensity to buy information from user master files,”“Psychographic codes like P$ycle,” and “Marketing models based onnon-credit related data.” In this manner, the results of such analyticscan be utilized in such a way that the results can be further analyzedor otherwise used by other components or services of the automatedapplication processing and decision engine 120. Additionally,provisioning results of the analytics (such as attributes and criteria)minimizes data processing by other components or services, which wouldotherwise face relatively greater inefficiencies in parsing data andcalculating attributes as part of their own processing.

One aspect of this particular layer 208 is that it can enable anysuitable type of simple or complex statistical analysis to be performedon data, such as raw data from a data source 170 a-n, prior to the usageof the data for a decision regarding a particular application.

In one embodiment, a user 112 a-n such as a financial institution riskmanager or others can utilize an analytics services component 216 of anautomated application processing and decision engine 120 to definemethods of automated decisioning to minimize risk. At the same time suchmethods can maximize the revenue potential, by not incorrectly rejectingapplications that are within required risk parameters for a particularbusiness. For purposes of automated decisioning based upon the creditdata available for a particular customer of a user 112 a-n, users 112a-n can define one or more attributes. These attributes can be generatedby, for example, using the data contained in a credit report associatedwith a particular applicant or set of applicants. These attributes canrepresent statistical aggregation and/or other various data elements.For example, an attribute can be a calculation of total number of newtrade lines in last 2 years present in the credit report. This summation(statistical function) can be considered a proxy for how aggressive theapplicant has been in establishing new lines of credit lately, whetherthat fact presents an unacceptable risk, or whether the risk isacceptable because it is an indication that the applicant's financialsituation may be improving.

In one embodiment, criteria and attributes can be intuitively defined,and the associated analytics may be accommodated with an automatedcriteria and attribute application engine such as an Autopilotcomponent, shown as 226 in FIG. 2, and further described in U.S.application Ser. No. 10/868,476, filed Jun. 14, 2004, entitled “SYSTEMSAND PROCESSES FOR AUTOMATED CRITERIA AND ATTRIBUTE GENERATION,SEARCHING, AUDITING AND REPORTING OF DATA,” the contents of which areincorporated herein by reference. The Autopilot component 226 can beintegrated with an automated application processing and decision engine120 or can be a separate component in communication with the automatedapplication processing and decision engine 120. The Autopilot component226 can help reduce the burdensome and error-prone task of interpretinguser specifications for a project manually into job control language. Itcan help those users 112 a-n charged with development of the query orsearch algorithms and language think and act at a more intuitive andhigher level, as they can focus more on the information being sought andhow it will be presented, and less about actually instantiating theseideas into computer-executable instructions or code such as a jobcontrol code or job control language.

The Autopilot component 226 can also accomplish tasks such as improvingthe process flow and general cycle time of various processes. Often theclient-requested criteria requires programming support to adjust,modify, enhance or extend existing selection criteria modules (recordselection processes) to meet the specific client request. Some requestsrequire programming to implement complete new modules. Creating thesejobs and running them through the testing/validation cycles can be alengthy process. All of the activities have been both time and systemresource consuming as changes are made and iteratively tested.

Toward improving this situation, an Autopilot component 226 can providea workstation environment for the specification and testing of criteriaand attributes on which the criteria is based. Resultant criteria andattributes can be utilized in a relatively high performance module thatcan be executed on multiple platforms and operating systems, such aspersonal computers, mainframes, parallel processing platforms, andsupercomputers.

The Autopilot component 226, similar to a programming integrateddevelopment environment such as Visual C++ for a programmer, can providerelatively easy to use point-and-click capability to enable a user 112a-n to generate and process a custom request for criteria and/orattributes. In one embodiment, such criteria and attributes can beutilized for generating a prescreening list to filter data from one ormore data sources such as 170 a-n.

In one example, an Autopilot component 226 can provide a mechanism for auser 112 a-n such as a credit provider or financial institution tospecify custom criteria and attributes. Such criteria and attributes canthen be utilized by the decision sub-engine 202 to automate adecisioning process. An example of custom criteria and attributes is acalculation of information, such as how many trade lines a particularapplicant has where the amount due is over $1000, over due by 30 daysfrom the past due date in last 6 months, and/or where trade lines wereestablished (i.e. the credit line established) in the last 2 years. Theattributes and criteria in this example can then be used as part of adecision process where a user 112 a-n such as a credit provider orfinancial institution may be inclined to offer only a restricted serviceto the applicant if this particular attribute is greater than a value of5, representing a relatively higher degree of risk, as assessed by arisk manager associated with the financial institution.

Examples of a decisioning process are shown in FIGS. 16, 17, and 22.

By way of further example, the above criteria and attributes can beapplied to the Direct Deposit Account (DDA) example introduced above.The following example is an attribute defined using an Autopilotcomponent 226:

Calculate Number of instances in which a Bankruptcy occurs (Chapter7/11/13) in last 2 years from current date and provide bankruptcydisposition type based upon following maps:

1=Filed if Disposition Code is C or D

2=Discharged if Disposition Code is A, F or L

3=Dismissed if Disposition Code is E, K or M

4=Voluntary if Disposition Code is V

5=Involuntary if Disposition Code is I

6=Non-Adjudicated if Disposition Code is N

7=Unknown

If Tradelines contain narrative code of BW, EV, HM, HN, IA or IL then donot report bankruptcy.

In one embodiment, attributes can also be defined taking into accountthe way a particular user 112 a-n such as a financial institution doesbusiness, such as by using one or more predefined business templates.Other attributes and criteria can be defined taking into account aspectsof a particular business, industry, or customers of the user 112 a-n.These and other attributes and criteria can be part of one or morepredefined templates available to a user 112 a-n.

b. Complex Decision Component

The data analysis layer 208 can also include, but is not limited to, acomplex decision component 218. The complex decision component 218 canutilize the data provided by the data resource layer 206, analyticsprovided by the analytics services component 216, application parametersand decision rules set for a user specific application processing inorder, among other things, to render an automated application decision.The complex decision component 218 can be particularly valuable andpowerful because it can allow definition of application decision rulesin near natural language constructs while simplifying the process ofdefining decision rules for use by an automated application processingand decision 120. One aspect of the complex decision component 218 isthe manner in which data from one or more data sources 170 a-n can bemade available the decision sub-engine 202 to define decision rules.Various sets of attributes can also be made available for some or alldata sources 170 a-n in a standard way when the decision rules arecreated.

According to a preferred embodiment, a complex decision component 218can utilize suitable software such as JRules™ distributed by ILOG, Inc.In another embodiment, a complex decision component 218 can utilizeJRules™ for service delivery coupled with one or more interfaces(standard or customized) to one or more data sources 170 a-n.

FIG. 5 shows an example of a user interface 500 associated with acomplex decision component 218. In this example, a user 112 a-n canoperate an input device such as a keyboard, mouse, or other input deviceassociated with a client 102 a-n to enter or otherwise selectinformation to generate one or more decision rules such as “if”statements 502 and corresponding “then” statements 504. For example, auser 112 a-n can set particular conditions and select desired criteriaand/or attributes for a particular business or decision rule concerningan applicant with a Beacon™ score between the values of 0 and 550. Theuser interface 500 shown includes a tree-type menu 502 for a user 112a-n to select various decision rule-type information 504 such asdecision tables, exclusionary rules, rule flows, special conditions,template libraries, and a deployer. An “if” statement 506 illustrated inthe user interface 500 shown includes “If multi-screen level is ‘A’ andthe Beacon™ score is between 0 and 550.” A corresponding “then”statement 508 illustrated in the user interface 500 includes “‘then’ setmultiple decision ‘Call Chex Systems.’” Collectively, the “if” statement506 and “then” statement 508 create a decision rule for the complexdecision component 218 to apply to either or both applicant data anddata from one or more data sources 170 a-n. The example user interface500 shown in FIG. 5 can be utilized to develop the decision rule shownwith suitable software such as JRule Builder™ distributed by ILOG, Inc.

FIG. 6 also illustrates a user interface 600 associated with a complexdecision component 218. In this example, a user 112 a-n can operate aninput device such as a keyboard, mouse, or other input device associatedwith a client 102 a-n to generate application decision rules in nearnatural language constructs such as “if” statements 602 andcorresponding “then” statements 604. For example, a user 112 a-n can setparticular conditions and select desired criteria and/or attributes fora particular set of applicants who were previously credit fraud victimsin California. The user interface 600 shown includes “If” statements 602such as “If . . . equifax fraud victim is present,” “and Equifax fraudvictim indicator is: T-ID Theft Victim,” “and the state of residence forthe current address on the Equifax credit file is: CA.” Corresponding“Then” statements 604 shown include “Then . . . set regulationenforcement code: CA655IDT and message to Equifax consumer statement,”“and restrict credit file.”

FIG. 7 also illustrates a user interface 700 associated with a complexdecision component 218. In this example, a user 112 a-n can operate aninput device such as a keyboard, mouse, or other input device associatedwith a client 102 a-n to generate a decision flow for a set of decisionrules, such as the rules generated in FIGS. 5 and 6. For example, a user112 a-n can generate a series of flow elements 702, 704, 706, 708, 710,712, 714, 716, 718 and decision blocks 720, 722 connected with flow pathlines 724 to illustrate a desired decision flow for a set of decisionrules. In the example shown, each flow element can represent access of adata source 170 a-n, application of a rule, application of a set ofrules, a product offering, or any combination of these or otherfunctions capable of being performed by the decision sub-engine 202. Byway of example, flow element 702 represents the start of the decisionflow, flow element 704 represents “execute post-regulatory rules,” flowelement 708 represents “SafeScan/Fraud Victim Check,” flow element 710represents “Equifax DDA Rule task,” flow element 712 represents “EquifaxAuto Loan Rule task,” flow element 714 represents “Equifax Credit CardRule task,” flow element 716 represents “Equifax PLOC rule task, andflow elements 706 and 718 each represent ends of the decision flow.Furthermore, decision block 720 represents a determination whether aparticular set of applicant data passes the rule set defined in flowelement 704, and decision block 722 represents a determination whetherthe particular set of applicant data passes the rule set defined in flowelement 708. Other flow path elements can be used in other combinationsand other functionality in accordance with various embodiments of theinvention.

c. Rules Engine Component

The data analysis layer 208 can also include, but is not limited to, arules engine component 220. The rules engine component 220 can providedecision services. The use of the rules engine component 220 in systemsand processes according to certain embodiments of the invention can beperformed in such a way that a rules engine component 220 can bereplaced with other implementations of a rules engine component 220 withrelatively minimum integration efforts. One example of a rules enginecomponent 220 can be a JRules™ rule engine distributed by ILOG, Inc.,which can drive the decisioning described in the complex decisioncomponent 218 above.

d. Model Services Component

The data analysis layer 208 can also include, but is not limited to, amodel services component 222. The model services component 222 can be aspecial type of attribute, criteria and complex decision service whereinstead of rendering a decision, this component 222 can be used toproduce a numeric score within a predefined range where variouspredefined bands of numbers within a band define a particular level ofrisk associated with a applicant based upon the model score using theirassociated credit data.

e. Format Services Component

The data analysis layer 208 can also include, but is not limited to, aformat services component 224. The format services component 224 canformat incoming data from various data sources to a common format thatcan be understood by the rules engine component 220 and other componentsthat utilize data from the data sources 170 a-n. In one embodiment, datainput and data output format specifications can be provided by a formatservices component 224, and an associated visual mapping mechanism canbe used to transform the data input to a data output. One example of aformat services component 224 can be a data transformation componentdistributed by SeeBeyond.

In addition to formats required by various components of an automatedapplication processing and decision engine 120, data can also beformatted in a format desired by a user 112-an such as a credit provideror financial institution. One embodiment of a format services component224 can accommodate user-defined formats for data input and data output.Such user-defined formats and other predefined formats can be stored ina data storage device such as an application and decision database 172.

FIG. 8 illustrates an example of a user interface 800 generated by aformat services component 224. The user interface 800 shown provides avisual mapping of input data to corresponding output data. The userinterface 800 can include a tree-type menu 802 for a user 112 a-n toview various source events 804, associated destination events 806, andassociated business rules 808. Source events 804 can include, but arenot limited to, an instruction provided by a data provider specific toprocessing a particular application, an applicant or user's identityinformation, and details related to a particular application.Destination events 806 can include, but are not limited to, machineformat data ready for consumption by another engine or device, such as adecision engine, transaction engine, or a storage device. Business rules808 can include, but are not limited to, special parsing algorithms suchas look-ahead fixed fielded data input, special conversion from stringto date, integer, and sub-string inspection.

Services Layer

The decision sub-engine 202 can also include, but is not limited to, aservices layer 222. The services layer 222 can include functionality toallow access to, and/or use of, and/or intercedes or mediates betweenthe functionality of the data resource layer 206 and the data analysislayer 208, and between such functionality and external entities such asusers 112 a-n, and/or data sources 170 a-n.

a. Customer User Data Component

The services layer 222 can include, but is not limited to, a customeruser data component 228. The customer data component 228 can allowcapture of business-specific details of a user 112 a-n such as a user'sbusiness rules and business intelligence. In conventional softwaredevelopment models, the implementation of business rules pertaining touser's business intelligence can be specified in associated softwarecode. By contrast, the customer user data component 228 can allowbusiness rules to be defined intuitively using a graphic user interface.In one embodiment, a customer user data component 228 can provide anintuitive user interface. Such a user interface can permit capture of auser's business intelligence information in context of, for example, theapplication processing needs of the user 112 a-n. Each user 112 a-n mayhave specific definitions for the various business entities it intendsto use for the application origination and decision. The customer userdata component 228 can allow capture of the user's business intelligenceinformation without need for extensive programming efforts. Accuratecapture of user's business intelligence information using theterminologies that the particular user is familiar with can increaseuser confidence and can minimize impedance between applicationprocessing requirements and solution delivered to the user 112 a-n. Oneunique aspect of the customer user data component 228 is a set of coreimplementation provided to expedite implementation of a solution andability to capture a user's business intelligence information usingnomenclature and relationship between the business entities as definedby the user 112 a-n. Use of the component 228 can include delivery ofcore components using a standard tool to expedite implementation ofsolution for common business entities. According to one embodiment, acustomer user data component 228 can be suitable software such asTransaction Logic Engine™ distributed by Versata, Inc.

In one embodiment, a user 112 a-n such as a financial or businessinstitution can define decision rules in systems and processes accordingto the present invention using suitable software such as Rules Engine™distributed by ILOG, Inc. To define a decision rule, some or all of thefollowing information is needed as well as any other information thatmay be desired or needed by the institution: application information,including what product/service the applicant has applied for; applicantinformation, including parameters such as whether the applicant alreadyhas an account with the institution; and attributes from a creditreport, including analytical attributes derived from the applicant'scredit report along with other statistical model scores to provide riskfactors associated with the applicant. The application processing anddecision engine 120 can provide this sort of information intuitively, inEnglish-like language, near-natural language, or other plain or nearplain language. This functionality can reduce any ambiguity thatotherwise may be present if the decision logic were coded in a crypticprogramming language that business people could not decipher.

Any desired business rules pertaining to business intelligenceinformation, such as limit on size of an order, and validity of variousvalues supplied, can be defined by a user 112 a-n using, for example, auser interface 800 shown in FIG. 8. The user interface 800 shown canaccept such data for a particular business entity or otherwise create alayout of a new user interface to show such data pertaining to a usersolution. The drag-and-drop functionality of the user interface 800shown facilitates a user-friendly environment that provides a relativelyeasy to use set of tools. Basic navigation of the workflow of the userinterface 800 shown can also be defined at least to some extent asdesired. Once a particular form, template or other layout has beendefined, it can further be customized using any suitable web userinterface editor tool.

For example, FIG. 9 illustrates a user interface 900 for a customer userdata component 228. In the example shown, a user 112 a-n can define howto organize and collect user solution business intelligence information.Using a data input device such as a keyboard or a mouse, a user 112 a-ncan select various objects 902 from a tree-type menu 904, drag one ormore objects 902 to an associated workspace or field 906, and drop theobjects 902 into the field 906 to automatically create one or moretemplates or forms 908. Various tools 910 associated with the userinterface 900 can permit the user 112 a-n to create and modify a form,such as defining one or more data entry devices for an application form,similar to 300 in FIG. 3. Such tools 910 can also permit a user todefine a process flow within a form, such as a workflow 912 shown in thefield 906. Forms, templates, process flow, workflows, and other outputsfrom the user interface 900 and/or the customer user data component 228can be stored in a data storage device such as an application anddecision database 172.

FIG. 10 illustrates another user interface 1000 for a customer user datacomponent 228. In the example shown, a user 112 a-n can define one ormore business rules incorporating a user's business intelligence. Usinga data input device such as a keyboard or a mouse, a user 112 a-n canselect one or more objects for attribute definition, such as the object“TR_PRICE” 1002. Other tools can be used to define other aspects ofbusiness rules including, but not limited to, a relationships,constraints, actions, and properties. In the example shown, a derivationtool 1004 can be utilized to modify or further define an object, such asdefining the formula expression for the object “TR_PRICE” 1002. In acorresponding field 1006 or other data entry device, a user 112 a-n canreview, edit, and approve the formula expression for a particularobject. In the example shown, a corresponding formula expression 1008for the object “TR_PRICE” 1002 can be displayed as, “If (TR_TRANSTYPE=2/* Sell */) Then $value=getBelongsToHolding( ). getUsesQuote( ).get TR_PRICE( ) End If.” Other types of formula expressions,derivations, and equations can be defined for objects in accordance withvarious embodiments of the invention.

FIGS. 19-21 illustrate processes implemented by a customer user datacomponent 228 for constructing one or more business or decision rules.

In one embodiment, rule changes can be controlled by the either, orboth, users 112 a-n and one or more system administrator. Depending onthe level of control provided to a user 112 a-n, rule changes submittedvia the customer user data component 228 can be immediately implemented,or such changes can be submitted for approval to a system administrator.

b. Workflow Component

The services layer 222 can also include, but is not limited to, aworkflow component 230. The workflow component 230 can support businessprocess management, and in conjunction with the decision sub-engine 202,can provide queue management, work distribution (pull or push), workmanagement and other workflow services. In one embodiment, a financialinstitution such as a bank or other type of business can desire toimplement business-specific processes for application processing. Theseneeds can arise prior to a decision being rendered on a particularapplication, or after the decision has been rendered. The need for abusiness process prior to decision being rendered can be for some or allof the following reasons, among others: not all papers needed tocomplete the application are present (such as employment verificationpapers); a partial application may be accepted and even decisioned,however, prior to fulfilling the product being requested in theapplication, such information will typically need to be verified (asgoverned by the business process needs of the establishment); theapplicant may apply for the product through alternate channels, butcompletion of the application requires the applicant to be present atsome specific location where the application processing will continue;the nature of the application requires involvement of some specific roleplayers in the business, such as supervisor, branch manager, etc.,associated with a user 112 a-n.

Post-decision product fulfillment can also require adoption of abusiness process for some or all of the following reasons among others:(1) The applicant needs to be made aware of the decision; however, theremay be a delay before the user 112 a-n such as a financial institutionmay receive an acceptance of the offer. In such cases, there may also beneed for the timely follow-up with the applicant. It may also bepossible that after certain time elapses with no response, it isautomatically deemed that the applicant is not interested in theproduct. (2) Certain regulation requirements may necessitate completionof certain steps, such as mailing a letter to the applicant to make themaware that a credit report was accessed as part of their applicationprocessing. (3) Type of offer may require involvement of certainspecific roles associated with a user 112 a-n, such as manager of afinancial institution to fulfill the order.

An automated application processing and decision engine 120 can provideusers 112 a-n with tools for custom business process implementation.Such tools can capture aspects of these business process requirementsand provide an environment to enact and execute these business processmodels as part of application processing.

A workflow component 230 can also be used to define process flow toassemble all other services (data access from various data sources atdifferent stages of application processing, rule processing with theavailable data, manual intervention for data entry, input processing andoutput formatting) together to facilitate application processing. Theworkflow component 230 can allow implementation of user specificbusiness process management requirements in the space of applicationorigination and decision. In a preferred embodiment, a workflowcomponent 230 can be implemented using either or both Process LogicEngine™ distributed by Versata, Inc. and JRules™ distributed by ILOG,Inc.

In one embodiment, the workflow component 230 can permit the decisionsub-engine 202 to perform prescreen processing on transactions, one at atime. In this manner, a user 112 a-n such as a financial institution canmanage the selection of potential or current applicants who may bepre-qualified for a particular user's products or services and to whomthe user may make a firm offer of credit to an applicant based on aparticular application associated with the applicant.

FIGS. 19-21 described below illustrate process diagrams that can begenerated and implemented by a workflow component 230.

c. Security Sub-Component

The services layer 222 can include, but is not limited to, a securitycomponent 232. The security component 232 can provide a mechanism tocontrol access of a particular user's solution assets using declarativeroles-based access control. The implementation of the security component232 can provide users 112 a-n with the ability to self manage access toimplementation of their system. The security component 232 can allowdelegation to the user 112 a-n of management of system access, asdesired by the user 112 a-n. This component 232 can also allow the user112 a-n to control access to all assets of their system. One aspect ofthis particular component 232 is, therefore, delegated and comprehensivesecurity control based upon role-based access control.

The following Table 1 shows an example of role based access controlimplemented by a security component 232, for processing an applicationform, such as 300 in FIG. 3: TABLE 1 Role Based Access Control TabAdministrator Supervisor CSR Credit Order No Yes Yes Credit Results YesYes No Override No Yes No Supervisor Yes Yes No

Another aspect of role based access control for a security component 232is selective access to each form, application page, or webpage based ona particular user's role. If a particular user 112 a-n does not haveaccess to a particular page, the page will not appear on an outputdevice such as a display device associated with a client 112 a-n thatthe particular user 112 a-n is operating. The role based access controlcan also be extended to functionality on a main menu or lower levelsub-menus, commands, and features.

Other features for a security component 232 that can be integrated withfunctionality of the presentation/interface layer 204 include specificuniform resource locators (URLs) or Internet addresses. Each user 112a-n such as a credit provider or financial institution can be issued aunique and distinct uniform resource locator to access the system. TheURL can follow a standard naming convention and can include parametersthat indicate the particular user and system name, such aswww.interconnect.username.com/client/menu.

Another feature for a security component 232 is a login page that can beintegrated with the presentation/interface layer 204. Each user 112 a-ncan be required to enter a unique user ID and password prior toaccessing functionality associated with the automated applicationprocessing and decision engine 120. Error messages can be displayed forincorrect credentials, excessive login attempts (as defined by the user112 a-n such as a credit provider or financial institution), missinginformation, no user ID, and no email address on file. Functionality canbe implemented for instances if a password has expired, then a “ResetPassword” page can be displayed. If the user 112 a-n clicks the “e-mailmy password” link, the “Password Sent” page displays if the user 112 a-nis using the correct password. If the user e-mail is not on file, amessage to contact a system administrator can be displayed. In anyevent, once the user 112 a-n has successfully logged in, a “MessageCenter” page can be displayed, and can provide communications to theuser 112 a-n from a system administrator.

Some or all of the functionality provided by the security component 232and other components of the automated application processing anddecision engine 120 can cooperate to combat fraudulent applicationsubmission.

d. Trialing/Challenger Component

The services layer 222 can include, but is not limited to, atrialing/challenger component 234. The trailing/challenger component 234is a tool that can provide an online, production environment for testingvarious strategies including alternative strategies for business rules,scores, models and or processes, etc. The trailing/challenger component234 can enable a user 112 a-n such as a financial institution to employpredefined and/or user-defined strategies for managing and maximizingthe profitability of a portfolio. The trailing/challenger component 234can enable the user 112 a-n to establish one or more trials forstrategies ranging from formulas for criteria calculation, businessparameters, product offerings to decision rules, and to performstatistical analysis of results produced as a result of trial. It allowsthe user 112 a-n to establish any number of combinations and mechanismsto feed data to evaluate alternate strategies. This component 234 withall its potential is unique in the space of application processing anddecisioning, because among other things, the component 234 can place inthe hands of the user 112 a-n, such as a financial institution, new andimproved control of evaluating impact of various parameters to the riskevaluation of application processing.

In one embodiment, after implementation of decision rules, or if desiredduring initial build of the decision rules or at any other desired time,some users 112 a-n may desire to compare different implementations inorder to determine the best strategy and mechanism for minimizing therisk and at the same time maximizing the number of applicationsfulfilled. For such analysis, users 112 a-n can build variousimplementations of rules and other mechanisms and send data through themin order to analyze the results. An application processing and decisionengine 120 can allow definition of gating criteria to send certaintransactions and/or datasets to alternative or various rule structuresor other mechanisms that have been developed, in order to evaluate theresults and determine what is the best way to proceed.

In one embodiment, the trialing/challenger component 234 provides anintuitive tool that users 112 a-n such as a financial institution canuse to evaluate the potential impact of employing new theories orstrategies on their portfolios by testing various scores, models andother scenarios against off-line, archived data without impact on theproduction environment. In some instances, users 112 a-n may desire totest new strategies to see if they are on the right track beforerequesting the resources and time necessary to make a change in theirproduction environment. In another embodiment, a non-production versionof the existing configuration (created with historical production dataor test data) can be accessed by the trialing/challenger component 234,changes are applied and results are produced real-time for review andevaluation. In this manner, a user 112 a-n can utilize the results tounderstand what a challenger strategy may actually need to look like inorder to produce the desired results. Similarly, if a challengerstrategy is not performing as expected, the trialing/challengercomponent 234 can allow for further testing of any changes that shouldbe made prior to placing them into production. A user 112 a-n canutilize the results to understand how proposed changes to a scorecutoff, score card model, approval practices or business rules may beimpacted.

In another embodiment, a user 112 a-n such as a credit provider orfinancial institution can utilize a trialing/challenger component 234 tocreate a “champion” strategy. A “champion” strategy is an approved setof rules used to decision the majority of a particular type of loanapplication (for example, 85% of the applications may be processed underthe champion rule set) and any number of challenger strategies(alternate rule sets) can be used to decision the remainder of the loanapplications (for example, 5% of the remaining applications usealternate rule set 1, 5% use alternate rule set 2, and 5% use alternaterule set 3). Each of the outcomes can be monitored via an associatedreporter component for a period of time to determine the feasibility ofusing the alternate rule sets. The user 112 a-n can use production datato monitor the impact to their portfolio under the challenger versuschampion scenarios. The number of challenger scenarios is limited onlyby the user's ability to develop and manage these challengers in theirvarious environments, and of the diminishing effectiveness of usingsmaller and smaller percentages of the application data. In this manner,users 112 a-n can determine the best strategies for managing andmaximizing the profitability of their portfolios. The followingscenarios represent examples of evaluations that can be performed with atrialing/challenger component 234. For example, a scenario involving anycriteria calculation algorithm can evaluate changes to a criteriacalculation algorithm to determine the impact to the decision.Furthermore, a scenario involving a user's business information canevaluate changes to the user's business intelligence information(different promotions, calling plans, redistribution of plans across zipcodes etc.). Moreover, a scenario involving decision logic can evaluatechanges to the decision logic from any of the following (or acombination thereof): decision rules, use of different criteria(including changed criteria calculation algorithm), changed scorecut-off ranges (decision matrix). Finally, a combination of any of theabove scenarios can evaluate the impact of changes to user's business bychanging parameters such as business information and decision logic.

In another embodiment, the trialing/challenger component 234 can alsoprovide a framework for loading, implementing and executing a user's ownscorecard or model used in the decisioning process. In one embodiment,the trialing/challenger component 234 can be a data agnostic system thatenables the rapid setup of statistical models regardless of the datasource or attribute requirements of the model. Some users 112 a-n canleverage custom models in their decision process. With thetrialing/challenger component 234, a user 112 a-n can deploy such modelsinto production. The trialing/challenger component 234 can utilize atool-based approach to code, and can deploy to production variousmathematical calculations and decision trees typical to a statisticalmodel.

FIG. 17 illustrates a process that can be implemented by atrialing/challenger component 234.

e. Backend Components

An automated application processing and decision engine 120 can operatein conjunction with and/or can be integrated with various backendcomponents including but not limited to a letter writer component 236and reporter component 238. For example, in one embodiment, a letterwriter component 236 and reporter component 238 can operate asrespective components of the services layer 210 shown in FIG. 2. Theletter writer component 236 can provide the ability for users 112 a-n togenerate letters including, but not limited to, welcome, disclosure anddeclination letters. Users 112 a-n can utilize a local print optionfeature of the system and/or leverage outsourced mail services providedby a service provider, such as Equifax, to handle both print and mailrequirements. Field values can be determined by the user 112 a-n, andcan be sent to a third-party company that provides letter generationcapabilities so that letters can be created and sent to the user'sclients. The timing of creating and sending the letters can be based onthe user's needs. In one embodiment, there can be more than one lettertype per user 112 a-n. The following are examples of some of thetemplates available: welcome letter, auto decline letter, noreason—bureau letter, counter offer letter—with condition. The user 112a-n can provide the templates for each letter type. The data fields canbe populated at the desired placeholders in the letter template tocreate the final letter. In the instance of an applicant andco-applicant sharing the same address, then one letter can be sent tothe address. If the applicant and co-applicant have different addresses,then separate letters can be sent to each address. If any deviation fromthe above is required, the letter writer component 236 can be customizedto accommodate the user's specifications.

The reporter component 238 can provide a range of reporting options fromrudimentary to comprehensive. A variety of standard reports, seamlessuploads to key reporting vendors, and data streams to users 112 a-n whomaintain proprietary or open reporting systems can be supported. Thereporter component 238 can also deliver reports online through a userinterface to meet users' general needs. The user 112 a-n can select adesired report from drop-down menus, then select date range and outputformat. The desired report can be displayed real time at the user'sdesktop. Reports can be made available in various formats including, butnot limited to, portable document format (PDF), Microsoft Word™,Microsoft Excel™, or comma delimited formats. Such reports can besummary reports or industry-specific reports.

In one embodiment, a user 112 a-n such as a financial institution candesire that a report or information about the decision or diligence beprepared and sent a certain way, including but not limited to one ormore of the following: (1) In cases where application was submittedusing a real time or online user interface provided by systems andprocesses according to certain embodiments of the invention, thedecision is expected in real time using the user interface, (2) In caseswhere the application processing request is sent using a communicationprotocol, such as socket connection, .NET connection, web services orother protocol, a decision is expected back as response to the request;and (3) In cases where a batch file with a list of applications is sent,some users 112 a-n may desire to receive a response back in batch fileform, while some other users 112 a-n may desire access using a userinterface to receive the decision result.

Examples of reports that can be generated by a reporter component 238can include, but are not limited to, credit risk reports providingmetrics regarding the characteristics of a decision or an application, adecision summary report showing aggregate summary information; a bureausummary report summarizing the total number of transactions sent to thedata source; a decision detail report showing individual detailinformation for a specific transaction or group of transactionsincluding data source accessed, criteria information, scores, offers,and data; score distribution reports; BEACON™ reports (by predefinedpoint increments such as 10); Telco 98 score distribution reports;volume reports which provide metrics by logical units relevant to theuser 112 a-n (region, channel, group, etc) in logical calendar units(hour, day, week, month, etc); weekly activity reports that providevolume metrics broken down by the day of the week (Monday-Sunday);hourly activity report that provide volume metrics broken down by thehour of the day; performance reports intended to measure userperformance at the individual user level; current work items showingcurrent work items that exist in the system; security reports intendedto provide metrics regarding internal users logged on to the system;user detail report showing all current user details (names, phonenumbers, user IDs, etc), and date of last log in; user transactionactivity report showing details by date about when users are submittingapplications on the system.

In one embodiment, the reporter component 238 can generate reports on aregular schedule, such as hourly, daily, weekly, monthly, yearly, or anyother predefined period. In another embodiment, the reporter component238 can generate customized reports such as ad hoc reports and dataextracts that are specific to user requirements.

Users 112-an can utilize a reporter component 238 of an automatedapplication processing and decision engine 120 to employ any of a numberof different mechanisms to receive results. If the application wassubmitted using a user interface, such as the application form 300 inFIG. 3, then the preferred mechanism to receive response back cantypically be through the same user interface. If the request was sent byother mechanism then it may be convenient to receive results also usingthe same method, such as a system-to-system transaction. The format ofsuch a transaction could be EDI formats, XML or many other industryformats. Formatting functionality can generate responsive information inthe format preferred by the user 112 a-n such as a financialinstitution. This feature can allows faster integration with the systemsince the user 112 a-n may not have to understand or change their systemto accommodate a specific format.

FIG. 11 illustrates a user interface 1100 that can be implemented by areporter component 238. The user interface 1100 shown displays one ormore decisions generated by a decision sub-engine 202 based in part onat least information collected by the application sub-engine 200. Inthis example, a decision for a bank loan application is displayed for aparticular applicant, “Merry Singh.” An upper portion 1102 of the userinterface 1000 displays applicant information 1104 collected by orotherwise received by the application sub-engine 200, similar to thetypes of information collected in the application form 300 of FIG. 3. Alower portion 1106 of the user interface 1100 displays decisioninformation 1108, similar to the information 404 shown in FIG. 4,associated with the applicant information 1104. Decision information caninclude, but is not limited to, a load decision, decision reason,requested loan amount, loan maximum amount, and approved loan amount.

FIG. 12 illustrates another user interface 1200 that can be implementedby a reporter component 238. The user interface 1200 shown displays atabular interface with one or more decisions generated by a decisionsub-engine 202 based in part on at least information collected by theapplication sub-engine 200. In this example, a decision based in part onan applicant's Beacon™ credit score is displayed. A leftmost portion1202 of the user interface 1200 shown displays “BEACON '96” credit scorerange information 1204 such as “620≦v≦999,” “550≦v≦578,” “579≦v≦619,”“550≦v≦578,” and “579≦v≦619.” An adjacent column 1206 displayscorresponding “Total Loan Amount” information 1208 such as “0≦v≦3500,”and “3501≦v≦9999999” for the BEACON™ credit score range “620≦v≦999.”Another adjacent column 1210 displays corresponding “Decision”information 1212 such as “Approve with 0% down” for the total loanamount information of “0≦v≦3500,” and “Manual Review” for the total loanamount information of “3501≦v≦9999999.” A rightmost column 1214 displays“Decision Status” information 1216 such as “approved” for thecorresponding decision “Approve with 0% down,” and “pending” for thecorresponding decision “Manual Review.” This and other information,including but not limited to, credit scores, Beacon™ credit scoreranges, total loan amounts, decisions, and decision status can bedisplayed or otherwise output in a tabular interface or any other userinterface by a reporter component 238. Such information can also bestored for retrieval, further analysis, or transmission in a datastorage device such as an application and decision database 172.

FIG. 13 illustrates another user interface 1300 that can be implementedby a reporter component 238. The user interface 1300 shown displays atabular interface with one or more decisions generated by a decisionsub-engine 202 based in part on at least information collected by theapplication sub-engine 200. In this example, a decision based in part onan applicant's Beacon™ credit score is displayed with columns andinformation similar to columns 1210, 1214 and information 1212, 1216.Additional columns illustrated in this example are a leftmost column1302 displaying corresponding “Multi-Screen 2.0” information 1304. Thecolumn adjacent to the left portion of the user interface 1300 showninclude column 1306 displaying corresponding “DDA” information 1308,column 1310 displaying corresponding “PLOC” information 1312, and column1314 displaying corresponding “Credit Card” information 1316. This andother information, including but not limited to, credit scores, Beacon™credit score ranges, total loan amounts, decisions, and decision statuscan be displayed or otherwise output in a tabular interface or any otheruser interface by a reporter component 238. Such information can also bestored for retrieval, further analysis, or transmission in a datastorage device such as an application and decision database 172.

Processes

An automated application processing and decision engine 120 canimplement various processes and methods to process an application and/orto generate a decision associated with the application. The followingprocesses and methods shown in FIGS. 14-22 can be implemented by some orall of the components of an automated application processing anddecision engine 120 in accordance with various embodiments of theinvention.

a. Processing a New Application

FIG. 14 illustrates a process for collecting information for a requestfor credit. In one embodiment, an application and associated informationare related to obtaining a decision for granting or denying an applicantrequest for credit. In another embodiment, the application andassociated information are related to obtaining a credit providerdecision for determining whether to extend an offer for credit. In theseand other embodiments, the example process 1400 shown in FIG. 14 can beimplemented. The example process begins at block 1402, wherein a userinterface collects applicant information. In the embodiment shown inFIG. 14, a predefined form, such as the application form 300 shown anddescribed in FIG. 3, can be generated by an application sub-engine 200,and utilized to collect applicant information from a user 112 a-nviewing the application form and operating a respective client device102 a-n. A user 112 a-n, such as a credit provider or financialinstitution, can enter information in the application form 300 using aninput device such as a keyboard and/or mouse associated with a client102 a-n. In one embodiment, the information is associated with anapplicant requesting credit, or is associated with a prospectiveapplicant to whom credit may be extended.

Block 1402 is followed by block 1404, the applicant information issubmitted to an application engine for processing. In the embodimentshown in FIG. 14, an application sub-engine 200 receives the applicantinformation via the application form 300 for processing.

Block 1404 is followed by decision block 1406, in which a validity checkis performed. In the embodiment shown in FIG. 14, the applicationsub-engine 200 can perform one or more validity checks on the applicantinformation. The application sub-engine 200 can perform a check whetherinformation has been entered in any number of predefined requiredfields. For example, the application sub-engine 200 can permit certainfields to be associated with predefined requirements relative toavailability, formatting, and content. In general, such fields will haveto be validated relative to these issues. By way of further example, auser 112 a-n such as a credit provider or financial institution candesignate required fields to be completed such as name, address, socialsecurity number, tax identification number, and product selectionfields. In this example, such required fields must to be completed priorto processing the application form 200.

As indicated by branch 1408, if the application sub-engine 200determines that the applicant information in an application formcontains one or more missing required fields, then the process returnsto block 1404. That is, if information has not been entered or isotherwise incomplete in one or more required fields, the applicationsub-engine 200 can prompt the user 112 a-n to enter or otherwise correctthe information until the required fields contain valid information.

Furthermore, the application sub-engine 200 can perform a check whetherparticular information from a user 112 a-n is valid. The applicationsub-engine 200 can access one or more data sources 170 a-n, compareuser-entered information to predefined information or previously storedinformation, and perform one or more checking routines or methods.

As indicated by branch 1410, if the application sub-engine 200determines that information is not valid, then the process 1400 returnsto block 1404. That is, the application sub-engine 200 can review andedit one or more of the fields to validate information entered into thefields by the user 112 a-n. For example, the application sub-engine 200can apply a particular user's editing rules before a form, such asapplication form 300, is to be processed. In this manner, theapplication sub-engine 200 can check and validate user-entered orprovided information against previously collected information stored inone or more data sources 170 a-n. If information is not correctlyentered in one or more fields, the application sub-engine 200 canutilize a conventional correction routine or method to edit theinformation. If the information does not match information in one ormore data sources 170 a-n, the application sub-engine 200 can prompt theuser 112 a-n to re-enter or otherwise provide correct or additionalinformation in the application form 300. The application form 300 can beresubmitted and exchanged between the user 112 a-n and the applicationsub-engine 200 as many times as needed until the application form 300and associated information has been validated by the routines ormethods, i.e. accepted by the application sub-engine 200.

Decision block 1406 is followed by block 1412, in which a newapplication identification code is associated with the validatedapplication. In the example shown in FIG. 14, the application sub-engine200 associates the validated application with a new applicationidentification code or an application ID. The application form,associated information, and new application identification code or anapplication ID can then be stored by the application sub-engine 200 in adata storage devices such as an application and decision database 172.In this manner, the application form and associated information can bestored and subsequently tracked by its associated applicationidentification code or an application ID for later processing by othercomponents of the automated application processing and decision engine120.

After block 1412, the process 1400 ends.

b. Duplicate Matching Process

Once a request for credit has been successfully submitted via a formsuch as an application form, the application sub-engine 200 can checkfor duplicate requests by matching elements of information in a currentapplication form with elements of information from previously submittedapplications stored in a data storage device such as an application anddecision database 172. In many instances, users 112 a-n such as creditproviders or financial institutions want to ensure that requests beingprocessed have not been previously processed by the automatedapplication processing and decision engine 120 or another associatedcomponent or entity. If a particular request is identified as aduplicate, the user 112 a-n has the option of either retracting the newrequest and utilizing a previously stored or otherwise processedapplication and any related decision information, or submitting the newrequest if information associated with an applicant has changed or isnot a duplicate request. In this manner, duplicate applications can beidentified relatively early in the application and decision process, andrelevant results on previously decisioned applications can be returnedto the user 112 a-n without having to re-process an application for aparticular applicant.

FIG. 15 illustrates a process 1500 for determining a duplicate match. Inthe embodiment shown in FIG. 15, a duplicate match can be determined byan application sub-engine 200 comparing a new application and associatedapplicant information with a previously stored application and itsrespective associated applicant information.

The process 1500 begins at block 1502, in which a new application ID isreceived. In this embodiment, the application sub-engine 200 receivesthe new application ID, or otherwise generates the new identification IDwhen a new application is validated, such as in the process 1400 shownand described in FIG. 14.

Block 1502 is followed by block 1504, in which the new application,associated applicant information, and new application ID are called uponby or otherwise transmitted to the application sub-engine 200 forprocessing. In the embodiment shown in FIG. 15, the applicationsub-engine can determine one or more elements such as fields in anapplication form 300 to compare with previously stored elements storedin a database such as an application and decision database 172.

Block 1504 is followed by block 1506, in which the applicationsub-engine 200 calls to a database such as an application and decisiondatabase 172 for previously stored elements.

Block 1506 is followed by decision block 1508, in which a determinationis made whether a match exists between any element in the newapplication and previously stored elements in the database. That is, theapplication sub-engine 200 can compare the new application andassociated applicant information with previously stored applications andassociated applicant information stored in the application and decisiondatabase 172. Utilizing conventional methods, devices, and routines, theapplication sub-engine 200 can determine whether a duplicate matchexists.

As indicated by branch 1510, if a duplicate match exists, then the“YES—duplicate” branch is followed to block 1512. In block 1512, thepreviously stored application and associated decision can be called uponby the application sub-engine 200 and displayed for the user 112 a-n.The user 112 a-n can be notified that a duplicate match exists, and theuser 112 a-n can utilize the previously stored application andassociated decision information can be displayed. In one embodiment, theuser 112 a-n can be provided with an option to either retract the newapplication and utilize the previously stored application and anyrelated decision information, or continue to submit the new applicationif information associated with an applicant has changed.

After block 1512, the process 1500 ends.

Returning to decision block 1508, and indicated by branch 1514, if aduplicate match does not exist, then the “NO—new” branch is followed toblock 1516. In block 1516, the new application and associated applicantinformation can be transmitted for further processing by othercomponents of the automated application processing and decision engine120. The user 112 a-n can be notified that the new application does nothave a duplicate match, and therefore the status of the new applicationcan be changed to “pending” application.

After block 1512, the process 1500 ends.

c. Decisioning an Application

Once an application has been accepted for processing by the applicationsub-engine 200 and designated as “pending,” the application can betransmitted to the decision sub-engine 202 for processing anddecisioning. The automated application processing and decision engine120 can perform pre-processing calculations and can process any businessrules established by a user 112 a-n for a particular application orproject. Depending on predefined process flows such as those dependenton particular elements of the application, particular process elementscan be executed with respect to the application while the application ispending. For example, information such as whether a particular applicantmeets minimum income or residency standards can trigger the applicationof a particular set of user-specific business rules for the purpose ofcreating one or more work items or rendering a workflow decision. Inanother example, the application may also be in a workflow awaitingaction from a user's employee or agent to change state and continue theprocess. For example, the application is submitted and assigned to amanual review work list due to a credit file no hit. In any event, oncethe application is in a decisioned state, the application evaluation iscomplete and a decision can be rendered. In one embodiment, the decisioncan be a direct answer to a product or service requested by an applicantand can represent an end state of the application evaluation process. Inanother embodiment, the decision can be a direct answer to a product orservice requested by a user 112 a-n for offering to a potentialapplicant. After the decisioning process, the decision and associatedinformation can be transmitted to or otherwise handled bypost-processing functions provided by or in conjunction with theautomated application processing and decisioning engine 120. Suchfunctions can include the preparation of reports, letters, data dumps,etc. When no workflow activities remain, the application can beconsidered in a “completed” state.

FIG. 16 illustrates a process 1600 for decisioning an application. Inthe embodiment shown in FIG. 16, a decision can be determined by adecision sub-engine 202 utilizing applicant information associated witha new application and associated information in one or more data sources170 a-n.

The process 1600 begins at block 1602, in which a pending application iscalled upon by or otherwise transmitted to the decision sub-engine 202for processing.

Block 1602 is followed by block 1604, in which the decision sub-engine202 receives the pending application.

Block 1604 is followed by decision block 1606, in which a determinationis made whether the pending application is approved. Various decisionprocesses, methods, routines can be applied to the pending applicationto determine whether to approve the pending application. Examples ofmethods that can be used with automated technologies are described andshown as, but not limited to, 402 and 404 in FIG. 4, 500, 506, 508 inFIG. 5, 602 and 604 in FIG. 6, 1200 in FIG. 12, and 1300 in FIG. 13.Examples of other decision processes, methods, routines are furtherdescribed in FIGS. 22-24.

If the pending application is approved, then the “YES” branch 1408 isfollowed to block 1610. In block 1610, a decisioned application can bedisplayed or otherwise output to a user 112 a-n. In the embodiment shownin FIG. 16, a user 112 a-n can be notified via a display device thatthat the pending application has been decisioned. A decision andassociated decision information can be displayed to the user 112 a-n viaa user interface, such as the user interfaces 1200, 1300 shown anddescribed in FIGS. 12 and 13.

After block 1610, the process 1600 ends.

Returning to decision block 1606, if the pending application is notapproved, then the “NO” branch 1612 is followed to block 1614. In block1614, a pending application can be granted manual approval by a user 112a-n such as a credit administrator. If the pending application isgranted manual approval, then the “YES” branch 1616 is followed to block1610.

Block 1610 is described above.

Returning to block 1614, if the pending application is not grantedmanual approval, the pending application is denied, and a correspondingnotification can be transmitted to the user 112 a-n regarding the deniedapplication.

d. Trialing an Application

Prior to, or after, a decision is rendered for a particular form,application, request, or account, a user 112 a-n can utilize thedecision sub-engine 202 to test various strategies for scores, models,and processes. In one embodiment, a trailing/challenger component 234 ofa decision sub-engine 202 can be utilized to test a challenger strategyfor a particular application. The user 112 a-n can then compare thechallenger strategy to the current or “champion” strategy, and determinewhether to modify or replace the current or “champion” strategy based inpart on the analysis of the comparison.

FIG. 17 illustrates a process 1700 that can be implemented by thetrailing/challenger component 234. In FIG. 17, the process 1700 beginsat block 1702. In block 1702, one or more data sources 170 a-n areselected for analysis. For example, a data source such as “Test Database2” can be selected by the user 112 a-n. Other examples of data sourcesthat can be selected include, but are not limited to, test database 1,and archived production data.

Block 1702 is followed by block 1704, in which a particular rule set isselected for implementation with the selected data source. For example,a rule set such as “Models” can be selected by the user 112 a-n. Otherexamples of riles sets that can be selected include, but are not limitedto, scores, rules, and practices.

Block 1704 is followed by block 1706, in which an outcome or trialdecision is stored. For example, an outcome or trial decision can bestored in a data storage device such as an analysis archive orapplication and decision database 172. The outcome or trial decision canbe compared to a “champion” or current strategy, and the user 112 a-ncan then determine whether to alter the “champion” or current strategyor replace the “champion” or current strategy with a new rule set, or“challenger” strategy.

After block 1706, the process 1700 ends.

FIG. 18 illustrates another process 1800 that can be implemented by thetrailing/challenger component 234. In FIG. 18, the process 1800 beginsat block 1802. In block 1802, a particular data source 170 a-n isselected. For example, a credit database can be selected by a user 112a-n.

Block 1802 is followed by block 1804, in which a particular credit fileis selected from the data source 170 a-n.

Block 1804 is followed by block 1806, in which the credit file or otherdata source response can follow one or more execution paths.

Block 1806 is followed by blocks 1808 a-b, in which different attributesand/or criteria can be calculated for each path.

Blocks 1808 a-b are followed by blocks 1810 a-b, respectively, in whicha rules engine can receive calculated attributes and/or criteria and anapplication, and a decision can be derived based at least in part on aselected strategy path. Note that an application or other applicationobjects can be received from block 1812, and associated business objectscan be received from blocks 1814 a-b, respectively.

e. Generating a Business Process Model

In one embodiment, an automated application processing and decisionengine can be utilized to implement a business process such as abusiness process model shown in FIG. 19.

FIG. 19 illustrates a process diagram that can be implemented by aworkflow component 230. Diagrams such as the one shown in FIG. 19 areuseful for constructing and implementing a business rule. The diagramillustrates a process 1900 with one or more business rules forcompleting processing of an application after a decision has beenrendered. Each block 1902, 1904, 1906, 1908, 1910, 1912, 1914, and 1916can represent a respective function or set of functions in a process forimplementing one or more business rules. Other types of diagrams,functional blocks, and diagram components can be utilized in accordancewith other embodiments of the invention.

FIG. 20 illustrates a process diagram that can be implemented by aworkflow component 230. Diagrams such as the one shown in FIG. 20 areuseful for constructing and implementing a business process.

The process 2000 shown begins at start block 2002.

Block 2002 is followed by block 2004, which is an activity block labeled“validate order.” At this block, an order can be validated.

Block 2004 is followed by block 2006, which is a decision block labeled“Is valid.” At this block 2006, a determination is made by anapplication processing engine as governed by the process model itself.The process 2100 shown includes a graphic of a user interface 2102associated with a start block 2104.

Block 2104 is followed by block 2106, which is labeled “DecisionPrequalification (Rules).” A graphic of a user interface 2108 associatedwith block 2106 is also shown. In block 2106, a set of prequalificationrules is generated or otherwise selected.

Block 2106 is followed by a decision block 2110, which is labeled“Prequalified?” In this block 2110, a determination is made whether aparticular applicant is prequalified. If the a “true” or “Yes”determination is made, then the process 2100 continues to end block2112. A graphic of a user interface 2114 associated with the end block2112 is shown.

Referring back to decision block 2110, if a “false” or “No”determination is made, then the process 2100 continues to block 2116.Block 2116 is labeled “Riskwise Information Decisioning.” A graphic ofan interface 2118 associated with block 2116 is shown. At block 2116, aparticular data source can be selectively accessed, such as an externaldata source.

Block 2116 is followed by decision block 2120, which is labeled“Sufficient Riskwise Score?” At this block 2120, a determination is madewhether the particular applicant meets or exceeds a threshold scoreassociated with a data source such as a RiskWise™ database or routine,or a result of a function is evaluated. If a “false” or “No”determination is made, then a first response is received and forwardedto the following block. The process 2100 continues to end block 2112,where the process 2100 ends.

Referring back to decision block 2120, if a “true” or “Yes”determination is made, then the process 2100 continues to block 2122.Block 2122 is labeled “Credit Information Decisioning.” Graphics of auser interface 2124 and an interface 2126 associated with block 2122 areshown. At block 2122, credit information decisioning can be performed.One or more data sources can be accessed, and associated analyticsprocesses can be executed to perform the decisioning. The process 2100continues to end block 2112, where the process 2100 ends.

Each block 2104, 2106, 2110, 2112, 2116, 2120, and 2122 can represent arespective function or set of functions in a business process. Othertypes of diagrams, functional blocks, user interfaces, interfaces, anddiagram components can be utilized in accordance with other embodimentsof the invention.

Methods

FIG. 22 illustrates a method implemented by an automated applicationprocessing and decision engine in accordance with various embodiments ofthe invention. In the embodiment shown in FIG. 22, a method 2200 forautomating decisioning for a credit request associated with an applicantbegins at block 2202.

At block 2202, a user computer interface adapted to receive informationassociated with an applicant, and further adapted to display and receiveinformation associated with at least one decision rule is provided. Forexample, in the embodiment shown in FIG. 22, a user computer interfacecan be a graphical user interface. By way of further example in theembodiment shown, an applicant can include, but is not limited to, anindividual, an entity, a business, and a commercial institution.

Block 2202 is followed by block 2204, in which information associatedwith the applicant is received through the user computer interface. Forexample, receiving information associated with an applicant can include,but is not limited to, receiving information from an applicant,receiving information entered by an applicant, receiving informationfrom a device associated with an applicant, receiving information from adata source associated with an applicant, and receiving informationselected by an applicant.

In the embodiment shown in FIG. 22, information associated with anapplicant can include, but is not limited to, identity informationassociated with the applicant, access information to authorize access tocredit data from at least one credit reporting agency, informationassociated with an applicant from at least one risk analysis datasource, contact information associated with an applicant, name, currentaddress, social security number, date of birth, an address, a name of aco-applicant, information associated with an applicant's spouse,information associated with an applicant's driver license, informationassociated with an applicant's employer, and information associated withapplicant's income. Furthermore, information associated with anapplicant can include, but is not limited to, credit reporting data,risk analysis data, check processing service data, blue book data,regional consumer exchange data, and commercial data. Informationassociated with an applicant can also include information that isrelevant to a customer solution.

Block 2204 is followed by block 2206, in which information associatedwith the applicant is received from at least one data source. Forexample, receiving information associated with an applicant from atleast one data source can include, but is not limited to, receivinginformation from a financial institution, receiving information from acredit provider, receiving information from a database, and receivinginformation from a credit reporting database.

Block 2206 is followed by block 2208, in which a selection ofinformation associated with a plurality of decision rules is receivedthrough the user computer interface. In the example shown, the usercomputer interface can be used to define at least one decision rule in anear-natural language. Information associated with a plurality ofdecision rules can include, but is not limited to, an attribute, acriteria, a workflow, a rule hierarchy, a workflow hierarchy, creditdata associated with an applicant, a score, a statistical model, athreshold, a risk factor, information associated with at least oneattribute, information associated with at least one criteria,information associated with a process performed by an entity,information associated with a business associated with an entity, andinformation associated with an industry associated with an entity.

Block 2208 is followed by block 2210, in which a selection of rule flowinformation associated with a plurality of decision rules is receivedthrough the user computer interface. For example in the embodimentshown, a user can select information associated with a decision rule bypositioning an object on a user computer interface such as a graphicaluser interface, wherein the object is associated with at least onedecision rule. Selection of rule flow information associated with aplurality of decision rules can include, but is not limited to,information from a template associated with the user computer interface.A template can include, but is not limited to, information associatedwith a user's business, information associated with a user's industry,information associated with a prospective customer of a user,information associated with a current customer of a user, informationcollected by a user, and information obtained by a user.

Block 2210 is followed by block 2212, in which a plurality of decisionrules based at least in part on the information associated with theapplicant, based at least in part on the information associated with theapplicant from at least one data source, and based at least in part onthe selection of information associated with the plurality of decisionrules, wherein an outcome associated with at least one of the pluralityof decision rules can be obtained, is generated. In the embodiment shownin FIG. 22, an outcome can include, but is not limited to, denial of acredit line, granting an approval of a credit line, denial of a loan,granting approval of a loan, and approval for receiving an offer ofcredit.

Block 2212 is followed by block 2214, in which based in part on at leastthe rule flow information, displaying at least a portion of theplurality of decision rules through the user computer interface.

At block 2214, the method 2200 ends.

FIG. 23 illustrates another method implemented by an automatedapplication processing and decision engine in accordance with variousembodiments of the invention. In the embodiment shown in FIG. 23, amethod 2300 for accessing a plurality of data sources for decisioning acredit request associated with an applicant begins at block 2302.

At block 2302, a user computer interface adapted to transform a portionof information from a plurality of data sources, and further adapted todefine at least one rule associated with transforming the portion ofinformation from the plurality of data sources, is provided.

Block 2302 is followed by block 2304, in which an interface to each ofthe plurality of data sources is provided.

Block 2304 is followed by block 2306, in which a portion of data istransformed from at least one of the plurality of data sources.

Block 2306 is followed by block 2308, in which at least one ruleassociated with making a decision associated with providing credit to anapplicant is defined.

Block 2308 is followed by block 2310, in which the at least one rule isapplied to at least a portion of data from the at least one of theplurality of data sources.

Block 2310 is followed by block 2312, in which an outcome is determinedfor the at least one rule.

Block 2312 is followed by block 2314, in which the at least one rule ismodified based on the outcome.

At block 2314, the method 2300 ends.

FIG. 24 illustrates a method implemented by an automated applicationprocessing and decision engine in accordance with various embodiments ofthe invention. In the embodiment shown in FIG. 24, a method 2400 fortesting a decision rule for automated credit request decisioningassociated with an applicant begins at block 2402.

At block 2402, a user computer interface adapted to receive informationassociated with an applicant, and further adapted to display and receiveinformation associated with at least one decision rule, is provided. Inat least one embodiment, the at least one decision rule can include adecision rule defined in near-natural language.

Block 2402 is followed by block 2404, in which test information isreceived.

Block 2404 is followed by block 2406, in which information associatedwith a selection of a decision rule through the user computer interfaceis received, wherein the decision rule can be applied to a portion ofthe test information to obtain an outcome.

Block 2406 is followed by block 2408, in which the selected decisionrule is applied to at least a portion of the test information to obtainan outcome.

Block 2408 is followed by block 2410, in which information associatedwith a selection of an alternative decision rule is received, whereinthe alternative decision rule can be applied to a portion of the testinformation to obtain an alternative outcome.

Block 2410 is followed by block 2412, in which the alternative rule isapplied to at least a portion of the test information to obtain analternative outcome.

Block 2412 is followed by block 2414, in which the outcome andalternative outcome are displayed through the user computer interface.

At block 2414, the method 2400 ends.

While the above description contains many specifics, these specificsshould not be construed as limitations on the scope of the invention,but merely as exemplifications of the disclosed embodiments. Thoseskilled in the art will envision any other possible variations that arewithin the scope of the invention.

1. A method for generating a rule for automated credit requestdecisioning, comprising: providing a user computer interface adapted toreceive information associated with an applicant, and further adapted todisplay and receive information associated with at least one decisionrule; receiving information associated with an applicant through theuser interface; receiving information associated with the applicant fromat least one data source; receiving a selection of informationassociated with a plurality of decision rules through the user computerinterface; receiving a selection of rule flow information associatedwith the plurality of decision rules through the user computerinterface; generating a plurality of decision rules based at least inpart on the information associated with the applicant, based at least inpart on the information associated with the applicant from at least onedata source, and based at least in part on the selection of informationassociated with a plurality of decision rules, wherein an outcomeassociated with at least one of the plurality of decision rules can beobtained; and based in part on at least the rule flow information,displaying at least a portion of the plurality of decision rules throughthe user computer interface.
 2. The method of claim 1, wherein providinga user computer interface adapted to receive information associated withan applicant, and further adapted to display and receive informationassociated with at least one decision rule comprises providing agraphical user interface, wherein a user can select informationassociated with a decision rule by positioning an object on thegraphical user interface, wherein the object is associated with at leastone decision rule.
 3. The method of claim 1, wherein receiving aselection of information associated with a decision rule through theuser computer interface comprises receiving a signal associated withpositioning an object on a graphical user interface, wherein the objectis associated with at least one decision rule.
 4. The method of claim 1,wherein generating a plurality of decision rules comprises defining atleast one decision rule in a near-natural language.
 5. The method ofclaim 1, wherein the applicant can be selected from a group comprising:an individual, an entity, a business, and a commercial institution. 6.The method of claim 1, wherein decision rule information comprises atleast one of the following: an attribute, a criteria, a workflow, a rulehierarchy, a workflow hierarchy, credit data associated with anapplicant, a score, a statistical model, a threshold, a risk factor,information associated with at least one attribute, informationassociated with at least one criteria, information associated with aprocess performed by an entity, information associated with a businessassociated with an entity, and information associated with an industryassociated with an entity.
 7. The method of claim 1, further comprising:applying the at least one decision rule to at least a portion of theinformation associated with the applicant, wherein an outcome associatedwith the at least one decision rule can be obtained; generating a testoutcome; and displaying the test outcome on the user interface.
 8. Themethod of claim 7, further comprising: modifying the at least onedecision rule based at least in part on information associated with theoutcome.
 9. The method of claim 1, further comprising: applying the atleast one decision rule to selected information, wherein a test outcomeassociated with the at least one decision rule can be obtained; anddisplaying the test outcome on the user interface.
 10. The method ofclaim 9, further comprising: modifying the at least one decision rulebased at least in part on information associated with the test outcome.11. The method of claim 7, further comprising: receiving a selection ofinformation associated with an alternative decision rule through theuser computer interface; generating an alternative decision rule basedat least on the selection of information associated with the alternativedecision rule through the user computer interface; applying thealternative decision rule to at least a portion of the informationassociated with the applicant, wherein an alternative outcome associatedwith the alternative decision rule can be obtained; and displaying thealternative outcome on the user computer interface.
 12. The method ofclaim 1, further comprising: applying the at least one decision rule toat least a portion of the information associated with the applicant,wherein an outcome associated with the at least one decision rule can beobtained; generating an outcome; and displaying the outcome on the usercomputer interface.
 13. The method of claim 12, wherein the outcomecomprises at least one of the following: denial of a credit line,granting an approval of a credit line, denial of a loan, grantingapproval of a loan, approval for receiving an offer of credit.
 14. Themethod of claim 1, wherein receiving a selection of rule flowinformation associated with the plurality of decision rules through theuser computer interface comprises receiving information through atemplate associated with the user computer interface.
 15. The method ofclaim 14, wherein the template comprises at least one of the following:information associated with a user's business, information associatedwith a user's industry, information associated with a prospectivecustomer of a user, information associated with a current customer of auser, information collected by a user, and information obtained by auser.
 16. The method of claim 1, wherein the user computer interfacecomprises at least one of the following: information associated with auser's industry, information associated with a user's business,information associated with a prospective customer of a user,information associated with a current customer of a user, informationcollected by a user, and information obtained by a user.
 17. The methodof claim 1, wherein receiving information associated with an applicantthrough the user computer interface comprises at least one of thefollowing: receiving information from an applicant, receivinginformation entered by an applicant, receiving information from a deviceassociated with an applicant, receiving information from a data sourceassociated with an applicant, and receiving information selected by anapplicant.
 18. The method of claim 1, wherein receiving informationassociated with an applicant from at least one data source comprises atleast one of the following: receiving information from a financialinstitution, receiving information from a credit provider, receivinginformation from a database, and receiving information from a creditreporting database.
 19. The method of claim 1, wherein informationassociated with an applicant comprises at least one of the following:identity information associated with the applicant, access informationto authorize access to credit data from at least one credit reportingagency, information associated with an applicant from at least one riskanalysis data source, contact information associated with an applicant,name, current address, social security number, date of birth, anaddress, a name of a co-applicant, information associated with anapplicant's spouse, information associated with an applicant's driverlicense, information associated with an applicant's employer, andinformation associated with applicant's income.
 20. The method of claim1, wherein information associated with an applicant comprises at leastone of the following: credit reporting data, risk analysis data, checkprocessing service data, blue book data, regional consumer exchangedata, and commercial data.
 21. A method for testing a decision rule forautomated credit request decisioning, comprising: providing a usercomputer interface adapted to receive information associated with anapplicant, and further adapted to display and receive informationassociated with at least one decision rule; receiving test information;receiving information associated with a selection of a decision rulethrough the user computer interface, wherein the decision rule can beapplied to a portion of the test information to obtain an outcome;applying the selected decision rule to at least a portion of the testinformation to obtain an outcome; receiving information associated witha selection of an alternative decision rule, wherein the alternativedecision rule can be applied to a portion of the test information toobtain an alternative outcome; applying the alternative rule to at leasta portion of the test information to obtain an alternative outcome; anddisplaying the outcome and the alternative outcome through the usercomputer interface.
 22. The method of claim 21, wherein the at least onedecision rule comprises a decision rule defined in near-naturallanguage.
 23. The method of claim 21, further comprising: modifying thedecision rule based at least in part on information associated with thealternative outcome; applying the modified decision rule to at least aportion of the test information to obtain a modified outcome; anddisplaying the modified outcome and the alternative outcome through theuser computer interface.
 24. The method of claim 22, further comprising:applying the modified decision rule to information associated with anapplicant, wherein a result associated with the modified decision rulecan be obtained; and displaying the result on the user computerinterface.
 25. The method of claim 24, wherein the modified decisionrule is defined in near-natural language.
 26. A method for accessing aplurality of data sources for decisioning a credit request associatedwith an applicant, comprising: providing a user computer interfaceadapted to transform a portion of information from a plurality of datasources, and further adapted to define at least one rule associated withtransforming the portion of information from the plurality of datasources; providing an interface to each of the plurality of datasources; transforming a portion of data from at least one of theplurality of data sources; defining at least one rule associated withmaking a decision associated with providing credit to an applicant;applying the at least one rule to at least a portion of data from the atleast one of the plurality of data sources; determining an outcome forthe at least one rule; and modifying the at least one rule based on theoutcome.
 27. The method of claim 26, wherein the plurality of datasources comprises at least one of the following: an internal database, athird-party database, a credit reporting database, a risk database, acommercial database, and a commercial information database.
 28. Themethod of claim 26, wherein the applicant comprises at least one of thefollowing: an individual, an entity, a business, and a commercialinstitution.
 29. The method of claim 26, wherein the at least onedecision rule comprises a rule in a near-natural language.
 30. Acomputer-readable medium for generating a rule for automated creditrequest decisioning, comprising: program code for providing a usercomputer interface adapted to receive information associated with anapplicant, and further adapted to display and receive informationassociated with at least one decision rule; program code for receivinginformation associated with an applicant through the user computerinterface; program code for receiving information associated with theapplicant from at least one data source; program code for receiving aselection of information associated with a plurality of decision rulesthrough the user computer interface; program code for receiving aselection of rule flow information associated with the plurality ofdecision rules through the user computer interface; program code forgenerating a plurality of decision rules based at least in part on theinformation associated with the applicant, based at least in part on theinformation associated with the applicant from at least one data source,and based at least in part on the selection of information associatedwith a plurality of decision rules, wherein an outcome associated withat least one of the plurality of decision rules can be obtained; andprogram code for displaying at least a portion of the plurality ofdecision rules through the user computer interface.
 31. Thecomputer-readable medium of claim 30, wherein program code for providinga user computer interface adapted to receive information associated withan applicant, and further adapted to display and receive informationassociated with at least one decision rule comprises program code forproviding a graphical user interface, wherein a user can selectinformation associated with a decision rule by positioning an object onthe graphical user interface, wherein the object is associated with atleast one decision rule.
 32. The computer-readable medium of claim 30,wherein program code for receiving a selection of information associatedwith a decision rule through the user computer interface comprisesprogram code for receiving a signal associated with positioning anobject on a graphical user interface, wherein the object is associatedwith at least one decision rule.
 33. The computer-readable medium ofclaim 30, wherein program code for generating a plurality of decisionrules comprises program code for defining at least one decision rule ina near-natural language.
 34. The computer-readable medium of claim 30,wherein the applicant can be selected from a group comprising: anindividual, an entity, a business, and a commercial institution.
 35. Thecomputer-readable medium of claim 30, wherein decision rule informationcomprises at least one of the following: an attribute, a criteria, aworkflow, a rule hierarchy, a workflow hierarchy, credit data associatedwith an applicant, a score, a statistical model, a threshold, a riskfactor, information associated with at least one attribute, informationassociated with at least one criteria, information associated with aprocess performed by an entity, information associated with a businessassociated with an entity, and information associated with an industryassociated with an entity.
 36. The computer-readable medium of claim 30,further comprising: program code for applying the at least one decisionrule to at least a portion of the information associated with theapplicant, wherein an outcome associated with the at least one decisionrule can be obtained; program code for generating a test outcome; andprogram code for displaying the test outcome on the user interface. 37.The computer-readable medium of claim 36, further comprising: programcode for modifying the at least one decision rule based at least in parton information associated with the outcome.
 38. The computer-readablemedium of claim 30, further comprising: program code for applying the atleast one decision rule to selected information, wherein a test outcomeassociated with the at least one decision rule can be obtained; andprogram code for displaying the test outcome on the user interface. 39.The computer-readable medium of claim 38, further comprising: programcode for modifying the at least one decision rule based at least in parton information associated with the test outcome.
 40. Thecomputer-readable medium of claim 36, further comprising: program codefor receiving a selection of information associated with an alternativedecision rule through the user computer interface; program code forgenerating an alternative decision rule based at least on the selectionof information associated with the alternative decision rule through theuser computer interface; program code for applying the alternativedecision rule to at least a portion of the information associated withthe applicant, wherein an alternative outcome associated with thealternative decision rule can be obtained; and program code fordisplaying the alternative outcome on the user computer interface. 41.The computer-readable medium of claim 30, further comprising: programcode for applying the at least one decision rule to at least a portionof the information associated with the applicant, wherein an outcomeassociated with the at least one decision rule can be obtained; programcode for generating an outcome; and program code for displaying theoutcome on the user computer interface.
 42. The computer-readable mediumof claim 41, wherein the outcome comprises at least one of thefollowing: denial of a credit line, granting an approval of a creditline, denial of a loan, granting approval of a loan, approval forreceiving an offer of credit.
 43. The computer-readable medium of claim30, wherein program code for receiving a selection of rule flowinformation associated with the plurality of decision rules through theuser computer interface comprises program code for receiving informationthrough a template associated with the user computer interface.
 44. Thecomputer-readable medium of claim 43, wherein the template comprises atleast one of the following: information associated with a user'sbusiness, information associated with a user's industry, informationassociated with a prospective customer of a user, information associatedwith a current customer of a user, information collected by a user, andinformation obtained by a user.
 45. The computer-readable medium ofclaim 30, wherein the user computer interface comprises at least one ofthe following: information associated with a user's industry,information associated with a user's business, information associatedwith a prospective customer of a user, information associated with acurrent customer of a user, information collected by a user, andinformation obtained by a user.
 46. The computer-readable medium ofclaim 30, wherein program code for receiving information associated withan applicant through the user computer interface comprises at least oneof the following: program code for receiving information from anapplicant, program code for receiving information entered by anapplicant, program code for receiving information from a deviceassociated with an applicant, program code for receiving informationfrom a data source associated with an applicant, and program code forreceiving information selected by an applicant.
 47. Thecomputer-readable medium of claim 30, wherein program code for receivinginformation associated with an applicant from at least one data sourcecomprises at least one of the following: program code for receivinginformation from a financial institution, program code for receivinginformation from a credit provider, program code for receivinginformation from a database, and program code for receiving informationfrom a credit reporting database.
 48. The computer-readable medium ofclaim 30, wherein information associated with an applicant comprises atleast one of the following: identity information associated with theapplicant, access information to authorize access to credit data from atleast one credit reporting agency, information associated with anapplicant from at least one risk analysis data source, contactinformation associated with an applicant, name, current address, socialsecurity number, date of birth, an address, a name of a co-applicant,information associated with an applicant's spouse, informationassociated with an applicant's driver license, information associatedwith an applicant's employer, and information associated withapplicant's income.
 49. The computer-readable medium of claim 30,wherein information associated with an applicant comprises at least oneof the following: credit reporting data, risk analysis data, checkprocessing service data, blue book data, regional consumer exchangedata, and commercial data.
 50. A computer-readable medium for testing adecision rule for automated credit request decisioning, comprising:program code for providing a user computer interface adapted to receiveinformation associated with an applicant, and further adapted to displayand receive information associated with at least one decision rule;program code for receiving test information; program code for receivinginformation associated with a selection of a decision rule through theuser computer interface, wherein the decision rule can be applied to aportion of the test information to obtain an outcome; program code forapplying the selected decision rule to at least a portion of the testinformation to obtain an outcome; program code for receiving informationassociated with a selection of an alternative decision rule, wherein thealternative decision rule can be applied to a portion of the testinformation to obtain an alternative outcome; program code for applyingthe alternative rule to at least a portion of the test information toobtain an alternative outcome; and program code for displaying theoutcome and the alternative outcome through the user computer interface.51. The computer-readable medium of claim 50, wherein the at least onedecision rule comprises a decision rule defined in near-naturallanguage.
 52. The computer-readable medium of claim 50, furthercomprising: program code for modifying the decision rule based at leastin part on information associated with the alternative outcome; programcode for applying the modified decision rule to at least a portion ofthe test information to obtain a modified outcome; and program code fordisplaying the modified outcome and the alternative outcome through theuser computer interface.
 53. The computer-readable medium of claim 52,further comprising: program code for applying the modified decision ruleto information associated with an applicant, wherein a result associatedwith the modified decision rule can be obtained; and program code fordisplaying the result on the user computer interface.
 54. Thecomputer-readable medium of claim 53, wherein the modified decision ruleis defined in near-natural language.
 55. A computer-readable medium foraccessing a plurality of data sources for decisioning a credit requestassociated with an applicant, comprising: program code for providing auser computer interface adapted to transform a portion of informationfrom a plurality of data sources, and further adapted to define at leastone rule associated with transforming the portion of information fromthe plurality of data sources; program code for providing an interfaceto each of the plurality of data sources; program code for transforminga portion of data from at least one of the plurality of data sources;program code for defining at least one rule associated with making adecision associated with providing credit to an applicant; program codefor applying the at least one rule to at least a portion of data fromthe at least one of the plurality of data sources; program code fordetermining an outcome for the at least one rule; and program code formodifying the at least one rule based on the outcome.
 56. Thecomputer-readable medium of claim 55, wherein the plurality of datasources comprises at least one of the following: an internal database, athird-party database, a credit reporting database, a risk database, acommercial database, and a commercial information database.
 57. Thecomputer-readable medium of claim 55, wherein the applicant comprises atleast one of the following: an individual, an entity, a business, and acommercial institution.
 58. The computer-readable medium of claim 55,wherein the at least one decision rule comprises a rule in anear-natural language.
 59. A system for generating a rule for automatedcredit request decisioning, comprising: a user computer interfaceadapted to receive information associated with an applicant, and furtheradapted to display and receive information associated with at least onedecision rule; and a processor adapted to receive information associatedwith an applicant through the user computer interface; receiveinformation associated with the applicant from at least one data source;receive a selection of information associated with a plurality ofdecision rules through the user computer interface; receive a selectionof rule flow information associated with the plurality of decision rulesthrough the user computer interface; generate a plurality of decisionrules based at least in part on the information associated with theapplicant, based at least in part on the information associated with theapplicant from at least one data source, and based at least in part onthe selection of information associated with a plurality of decisionrules, wherein an outcome associated with at least one of the pluralityof decision rules can be obtained; and based in part on at least therule flow information, display at least a portion of the plurality ofdecision rules through the user computer interface.
 60. A system fortesting a decision rule for automated credit request decisioning,comprising: a user computer interface adapted to receive informationassociated with an applicant, and further adapted to display and receiveinformation associated with at least one decision rule; and a processoradapted to receive test information; receive information associated witha selection of a decision rule through the user computer interface,wherein the decision rule can be applied to a portion of the testinformation to obtain an outcome; apply the selected decision rule to atleast a portion of the test information to obtain an outcome; receiveinformation associated with a selection of an alternative decision rule,wherein the alternative decision rule can be applied to a portion of thetest information to obtain an alternative outcome; apply the alternativerule to at least a portion of the test information to obtain analternative outcome; and display the outcome and the alternative outcomethrough the user computer interface.
 61. A system for accessing aplurality of data sources for decisioning a credit request associatedwith an applicant, comprising: a user computer interface adapted totransform a portion of information from a plurality of data sources, andfurther adapted to define at least one rule associated with transformingthe portion of information from a plurality of data sources; and aprocessor adapted to provide an interface to each of a plurality of datasources; transform a portion of data from at least one of the pluralityof data sources; define at least one rule associated with making adecision associated with providing credit to an applicant; apply the atleast one rule to at least a portion of data from the at least one ofthe plurality of data sources; determine an outcome for the at least onerule; and modify the at least one rule based on the outcome.